Name: Financial Statement Analysis and Security Valuation von Stephen Penman
SKU: 9780071254328
Price: 28.00 CHF
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Financial Statement Analysis and Security Valuation Zusammenfassung

Financial Statement Analysis and Security Valuation Stephen Penman

This book describes valuation as an exercise in financial statement analysis. Students learn to view a firm through its financial statements and to carry out the appropriate financial statement analysis to value the firm's debt and equity. The book takes an activist approach to investing, showing how the analyst challenges the current market price of a share by analyzing the fundamentals. With a careful assessment of accounting quality, accounting comes to life as it is integrated with the modern theory of finance to develop practical analysis and valuation tools for active investing.

Über Stephen Penman

The George O. May Professor and the Morgan Stanley Research Scholar in the Graduate School of Business, Columbia University. He also serves as co-director of Columbia's Center for Excellence in Accounting and Security Analysis. Prior to his appointment at Columbia in 1999, Stephen Penman was the L.H. Penny Professor in the Walter A. Haas School of Business at the University of California at Berkeley. From 1990-95 he served a Chairman of the Professional Accounting Program and Chairman of the Accounting Faculty at Berkeley. He also initiated and chaired Berkeley's Annual Conference on Financial Reporting. He has served as a Visiting Professor at Columbia University and the London Business School of Economic. Professor Penman received a first-class honors degree in Commerce from the University of Queensland, Australia, and M.B.A. and Ph.D. degrees from the University of Chicago.

Inhaltsverzeichnis

Chapter 1: Introduction to Investing and Valuation Chapter 2: Introduction to the Financial Statements Part One: Financial Statements and Valuation Chapter 3: How Financial Statements Are Used in Valuation Chapter 4: Cash Accounting, Accrual Accounting, and Discounted Cash Flow Valuation Chapter 5: Accrual Accounting and Valuation: Pricing Book Values Chapter 6: Accrual Accounting and Valuation: Pricing Earnings Part Two: The Analysis of Financial Statement Chapter 7: Business Activities and Financial Statements Chapter 8: The Analysis of the Statement of Shareholders' Equity Chapter 9: The Analysis of the Balance Sheet and Income Statement Chapter 10: The Analysis of the Cash Flow Statement Chapter 11: The Analysis of Profitability Chapter 12: The Analysis of Growth and Sustainable Earnings Part Three: Forecasting and Valuation Analysis Chapter 13: The Value of Operations and the Evaluation of Enterprise Price-to-Book Ratios and Price-Earnings Ratios Chapter 14: Simple Forecasting and Simple Valuation Chapter 15: Full-Information Forecasting, Valuation, and Business Strategy Analysis Part Four: Accounting Analysis and Valuation Chapter 16: Creating Accounting Value and Economic Value Chapter 17: Analysis of the Quality of Financial Statements Part Five: The Analysis of Risk Chapter 18The Analysis of Equity Risk and the Cost of Capital Chapter 19The Analysis of Credit Risk Appendix A Summary of FormulasIndex

Zusätzliche Informationen

Sku

GOR002176022

ISBN 13

9780071254328

ISBN 10

0071254323

Titel

Financial Statement Analysis and Security Valuation Stephen Penman

Autor

Stephen Penman

Zustand

Gebraucht - Sehr Gut

Bindung

Broschiert

Verlag

McGraw-Hill Education - Europe

Datum

0

Anzahl der Seiten

800

Preise

N/A

Begleitschreiben

Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.

Hinweis

Dies ist ein gebrauchtes Buch. Es wurde schon einmal gelesen und weist von der früheren Nutzung Gebrauchsspuren auf. Wir gehen davon aus, dass es im Großen und Ganzen in einem sehr guten Zustand ist. Sollten Sie jedoch nicht vollständig zufrieden sein, setzen Sie sich bitte mit uns in Verbindung.