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Essentials of Financial Analysis [Paperback]

George T. Friedlob (Author), Lydia L. F. Schleifer (Author), L.F. Schleifer (Author)

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Book Description

November 22, 2002 0471228303 978-0471228301 1
An easy-to-use guide to financial analysis
Essentials of Financial Analysis shows how to analyze a company as a prospective investment. This one-stop resource includes a basic introduction to accounting; shows how to use ratio analysis to evaluate a company's profit, liquidity, and solvency; and provides actual financial statements of a variety of companies as illustrations.

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Editorial Reviews

From the Back Cover

* Processes and methods of financial statement analysis
* Framework for evaluating a company's "quality of earnings"
* Identifies potential problem areas that need to be investigated
* Analytical tools and techniques to meet the objectives of different user groups

Essentials of Financial Analysis

Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in financial analysis.

"Essentials of Financial Analysis is a concise guide with the necessary resource base for improved client selection by any professional whose practice is outside the field of financial analysis. I wish that Essentials of Financial Analysis had been available to me twenty-seven years ago when I formed an engineering firm. Its use is highly recommended."
-A. Ray Howland, PE, President, The Howland Company, Inc.

"Drs. Friedlob and Schleifer have provided an outstanding guide to analyzing financial statements. Their insights and analysis techniques will be useful to the financial community. They have provided analysts with a road map to financial enlightenment."
-E. Lewis Bryan, DBA, CPA, Visiting Professor of Accounting
Suffolk University, Boston, Massachusetts

About the Author

GEORGE T. FRIEDLOB, PhD, is Professor of Accountancy at the Clemson University School of Accounting and Legal Studies. He is the author of Essentials of Corporate Performance Measurement, also published by Wiley.
LYDIA L. F. SCHLEIFER, PhD, is Associate Professor of Accounting at Clemson University. Her work regularly appears in the CPA Journal, Managerial Auditing Journal, and Management Accounting.

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Inside This Book (learn more)
First Sentence:
Investors and owners have struggled with communicating and analyzing financial performance for centuries. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
guideline company method, fixed capacity costs, forma amounts, total cash costs, pro forma financial information, pro forma information, comprehensive income, pro forma results, cash from operations, pro forma earnings, forma statements, income from continuing operations, operating leverage, deferred income taxes, price multiples, deferred credits, preference stock, financial statement users, consolidated financial statements, cash flow ratios, deferred charges, subject company, preferred securities, accumulated amortization
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Dow Chemical, The Wall Street Journal, Brown-Forman Corporation, Altman's Z-Score, Consolidated Statements of Income, Journal of Accountancy, Change Sales, Strategic Finance, Year Ended April
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