Financial Statement Analysis -- Textbook

Author: Lu Zhengfei (Compiler)
Publisher:
Publish Date: 2006-08-01
Features: After enduring three years of scorching heat and biting cold, we have dedicated ourselves to this series, which is finally ready for publication. It boasts the following features:
◎ All authors are leading academics active at the forefront of teaching, considered authorities in their respective disciplines, and possess significant achievements in their research fields;
◎ It provides an in-depth and systematic reflection of the overall structure of the financial management discipline, comprehensively covering mature international theories while incorporating cutting-edge, localized information;
◎ The format is innovative and clear. Each chapter begins with learning objectives and compelling case studies, explicitly outlining the discussion points and their practical significance. The main text includes timely reviews and reflections to help readers digest key content, while each chapter concludes with bilingual key terms to facilitate understanding of English textbook concepts. At the end of each chapter, carefully designed thinking questions, exercises, and case discussions are provided, aiming to enable readers to apply learned knowledge to solve real-world problems;
◎ This book is suitable for undergraduate and graduate students in finance/economics and management, MBA and MPAcc (Master of Accounting) students, as well as professionals with some accounting knowledge, including EMBA (Executive Master of Business Administration) and EDP (Executive Development Program) participants with limited accounting backgrounds, as well as corporate management personnel. It is one of the core textbooks for "Financial Management Core Courses." The focus is on:
(1) Analyzing the information disclosed in financial statements (annual or interim reports), enabling readers to deeply understand the accounting implications of this information, thereby achieving "financial statement comprehension";
(2) Building on this comprehension, teaching readers to process and analyze financial statement information further to evaluate and interpret a company's financial and operational performance, assess the success or failure of its strategies, and predict future financial trends, i.e., conducting "financial diagnostics."
The book includes:
Chapters 1 and 2, which explain the fundamental theories of the functions of financial accounting information and the demand and supply of financial statement information;
Chapters 3 to 6, which introduce financial statements and the basic issues of financial accounting as the foundation for generating this information;
Chapters 7 to 10, which cover basic methods and techniques of financial statement analysis, including the design, calculation, and application of ratios in financial statement analysis;
Chapters 11 to 16, which discuss and explain the accounting implications of the key information disclosed in financial statements.
This book is suitable as a primary or supplementary textbook for undergraduate and graduate students in finance/economics and management, MBA and MPAcc (Master of Accounting) students, as well as EMBA (Executive Master of Business Administration) and EDP (Executive Development Program) participants with limited accounting knowledge. It is also suitable as a reference for financial analysts and bank credit management professionals.