Financial Statement Analysis, 4th Edition
An updated guide to the essential discipline of financial statement analysis
In Financial Statement Analysis, Fourth Edition, leading investment authority Martin Fridson returns with Fernando Alvarez to provide the analytical framework you need to scrutinize financial statements, whether you’re evaluating a company’s stock price or determining valuations for a merger or acquisition.
This fully revised and up-to-date Fourth Edition offers fresh information that will help you to evaluate financial statements in today’s volatile markets and uncertain economy, and allow you to get past the sometimes biased portrait of a company’s performance.
Reflects changes in the financial reporting landscape, including issues related to the financial crisis of 2008-2009
Provides guidelines on how to interpret balance sheets, income statements, and cash flow statements
Offers information for maximizing the accuracy of forecasts and a structured approach to credit and equity evaluation
Filled with real-life examples and expert advice, Financial Statement Analysis, Fourth Edition will help you gain a firm understanding of the techniques that will help you interpret financial statements, which are designed to conceal more than reveal.
Table of Contents
 Part I: Reading between the Lines
 Chapter 1. The Adversarial Nature of Financial Reporting
Part II: The Basic Financial Statements
 Chapter 2. The Balance Sheet
 Chapter 3. The Income Statement
 Chapter 4. The Statement of Cash Flows
Part III: A Closer Look at Profits
 Chapter 5. What Is Profit?
 Chapter 6. Revenue Recognition
 Chapter 7. Expense Recognition
 Chapter 8. The Applications and Limitations of EBITDA
 Chapter 9. The Reliability of Disclosure and Audits
 Chapter 10. Mergers-and-Acquisitions Accounting
 Chapter 11. Is Fraud Detectable?
Part IV: Forecasts and Security Analysis
 Chapter 12. Forecasting Financial Statements
 Chapter 13. Credit Analysis
 Chapter 14. Equity Analysis
Book Details
Hardcover: 378 pages
Publisher: Wiley; 4th Edition (July 2011)
Language: English
ISBN-10: 0470635606
ISBN-13: 978-0470635605





贝奥死了,我好伤心
要求帮别人觉得天经地义。大多人都有这毛病,以为自己是上帝,别人该按自己想的做