Financial Statement Analysis and Security Valuation Book + PRICE WATCH * Amazon pricing is not included in price watch

Financial Statement Analysis and Security Valuation Book

Penman's Financial Statement Analysis and Security Valuation 2/e focuses on the output of financial statements, not the input. As such, the book asks what financial statements tell you, not how they are prepared. The idea is to get students to see accounting "working." The book focuses on using financial statements in valuation. The text takes the approach that the best way to accurately value a firm is to look at the future earnings of the firm. The main pretext of the book is that financial statement analysis and valuation analysis are inextricably entwined: valuation is an exercise in financial statement analysis. Financial statement analysis is directed by the need to get information for valuation. Accordingly, the book brings finance and accounting concepts together. The book stresses concepts, but the idea is to show how to move from concepts to practice.Read More

from£66.64 | RRP: £102.99
* Excludes Voucher Code Discount Also available Used from £40.28
  • 007253317X
  • 9780072533170
  • Stephen Penman
  • 1 September 2003
  • McGraw-Hill Higher Education
  • Hardcover (Book)
  • 768
  • 2
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