Financial Statement Analysis (5th Edition)

Author: Leopold Bernstein, John Viard
Publisher:
Publish Date: 2004-01-01
Features: The book is organized around the framework modules of financial statement analysis, divided into two parts. The first part is an overview of financial statement analysis, where the authors describe the basic activities of enterprises and their impact on financial statements, as well as discuss the purpose of analysis. It demonstrates popular tools and techniques for analyzing and interpreting financial statements, emphasizing the understanding of enterprise initiation, planning, financing, investment, and operating activities. The second part examines the process and methods of financial statement analysis. The book is structured around the framework modules of financial statement analysis. Its content includes liquidity, cash flow forecasting analysis, capital structure and solvency, return on invested capital, asset utilization, operating performance, and profitability. The book is particularly focused on three aspects in its writing: (1) making the material in the book relevant to the readers' decisions; (2) encouraging readers to think in an evaluative or deductive manner; (3) making the material accessible and engaging for readers. This not only enhances readers' learning interest but also makes the learning process easier.
This book is suitable as a textbook for senior undergraduate and graduate students majoring in accounting, finance, financial management, and business management in business administration, as well as for professional and non-professional individuals in related fields for study or reference.