Analysis of Financial Statements / Frank J. Fabozzi Series (ePub)

Revised and up to date, the Second Edition includes valuable
information that addresses questions such as:

* What is transparency and why do we care?

* How can financial statements inform investors?

* How can financial statements mislead investors?

* How has the Sarbanes-Oxley Act changed companies' financial
disclosures?

* What should you look for in financial disclosures when judging a
company's financial health?

* How do financial statements relate to the value of a company's
stock?

* Why is cash flow so important to a company's financial
health?

Throughout Analysis of Financial Statements, Second Edition, the
authors demonstrate the nuts and bolts of financial analysis by
applying the techniques to actual companies. The authors set the
stage for financial analysis in Part One with their discussions of
financial statements and the quality of financial statements. In
Part Two, they walk you through how to judge a company's financial
health using financial disclosures in financial ratio analysis,
earnings analysis, and cash flow analysis. In Part Three, the
authors take analysis a step further by discussing how investors
and creditors can use financial statements to more effectively
assess a company's performance and risk. Peterson and Fabozzi wrap
up this Second Edition with a set of lessons for investors and
analysts:

Lesson 1: Understand what you are looking at

Lesson 2: Read the fine print

Lesson 3: If it's too good to be true, it may be

Lesson 4: Follow the money

Lesson 5: Understand the risks