International Financial Statement Analysis

by Thomas R. Robinson; Hennie van Greuning; Elaine Henry; Michael A. Broihahn; Foreword by: David Tweedie

• ISBN13: 9780470287668
• ISBN10: 0470287667
• Format: Hardcover
• Copyright: 2008-11-01
• Publisher: Wiley

Summary

Written with both the established and aspiring financial professional in mind, this book will help you understand the mechanics of the accounting process, which is the foundation for financial reporting; comprehend the differences and similarities in income statements, balance sheets, and cash flow statements around the globe; and assess the implications for securities valuation of any financial statement element or transaction. Along the way, youll also discover how different financial analysis techniquessuch as ratio analysis and common-size financial statementscan provide valuable clues into a companys operations and risk characteristics.

Author Biography

Thomas R. Robinson, CFA, is Managing Director, Education Division of CFA Institute, where he leads and develops the teams responsible for producing and delivering educational content and examinations to candidates, members, and other investment professionals encompassing the CFA Program, CIPM Program, Lifelong Learning, Private Wealth, Publications, and Conferences.

Hennie Van Greuning, CFA, is a Senior Advisor at the World Bank. His World Bank publication on International Financial Reporting Standards has appeared in four editions. Mr. van Greuning has also coauthored Analyzing and Managing Banking Risk.

Elaine Henry, CFA, is an Assistant Professor of Accounting at the University of Miami, where she teaches courses in accounting, financial statement analysis, and valuation. After working in corporate finance at Lehman Brothers, strategy consulting at McKinsey & Company, and corporate banking at Citibank, she obtained a PhD from Rutgers University where she majored in accounting and minored in finance.

Michael A. Broihahn, CFA, is an Associate Professor of Accounting and the Director of Graduate Programs at Barry University in Miami, Florida. His teaching and research interests encompass financial accounting, auditing, and professional ethics. He currently serves CFA Institute in a number of capacities.

Table of Contents

Foreword

Preface

Acknowledgments

Introduction

Financial Statement Analysis: An Introduction

Financial Reporting Mechanics

Financial Reporting Standards

Understanding the Income Statement

Understanding the Balance Sheet

Understanding the Cash Flow Statement

Financial Analysis Techniques

International Standards Convergence

Financial Statement Analysis: Applications

Inventories

Long-Lived Assets

Income Taxes

Long-Term Liabilities and Leases

Employee Compensation: Postretirement and Share-Based

Intercorporate Investments

Multinational Operations

Evaluating Financial Reporting Quality

Glossary

References

About the Authors

About the CFA Program

Index

Table of Contents provided by Publisher. All Rights Reserved.