BUSINESS ANALYSIS AND VALUATION: USING FINANCIAL STATEMENTS, 5TH EDN

BUSINESS ANALYSIS & VALUATION: USING
FINANCIAL STATEMENTS, 5E has a valuation emphasis and focuses on a four-part
framework: (1) business strategy analysis for developing an understanding of
a firm’s competitive strategy (2) accounting analysis for representing the
firm’s business economics and strategy in its financial statements, and for
developing adjusted accounting measures of performance (3) financial analysis
for ratio analysis and cash flow measures of operating and (4) prospective
analysis. The text shows how this business analysis and valuation framework
can be applied to a variety of decision contexts: securities analysis, credit
analysis, corporate financing policies analysis, mergers and acquisitions
analysis, and governance and communication analysis.