In Financial Statement Analysis: A Practitioner?s Guide, Third Edition (New York: John Wiley & Sons, Inc., ), Martin Fridson and Fernando Alvarez detail a. Financial Statement Analysis has ratings and 10 reviews. Ahmed by. Martin S. Fridson, Be the first to ask a question about Financial Statement Analysis. Financial Statement analysis. A Practitioner’s Guide. Third Edition. MARTIN FRIDSON. FERNANDO ALVAREZ. John Wiley & Sons, Inc.

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It helps to develop the questioningmind—the mind of a financial detective. It teaches the art ofskepticism and critical thinking. Readers go beyond definition andcalculation and learn interpretation. As he so accuratelystates in Financial Statement Analysisthe credit investoris required to engage in a game of cat-and-mouse with companymanagement’s intent on minimizing their cost of capital by puttinga positive gloss on their financial statements.

The Fourth Editionof Marty’s terrific book is the bible on how to detect and dealwith these efforts. Analysjs you are aninvestor, an investment advisor, or a teacher, Financial StatementAnalysis will prove very valuable.

Cannellaformer head of Global CreditResearch, J. He has had a front-row seat to see thebirth, death, and rebirth of the high-yield bond market.

Financial Statement Analysis: A Practitioner’s Guide by Martin S. Fridson

In the Fourth Edition of Financial StatementAnalysisMarty clearly demonstrates that despite the enactmentof Sarbanes-Oxley inand other attempts to curtail abuse ofthe system, one needs a critical analytical eye to be certain thatmanagement is not trying to obfuscate the truth.

The case studiesprovide excellent and timely examples of some of the techniquesthat companies have used to mislead investors.

And all of us who depend onthe markets sending capital to its best use should hope thatinvestors read this book first. Its great value, though, is in theplain-spoken stripping down of real-world and illustrative examplesthat show how to see past the numbers to the practicalities andincentives behind them—and so help analysts and journalistsalike ask the right questions.

A Practitioner’s Guide is awell-organized, thorough exploration of the challenges facingpractitioners who rely on financial statements to make investmentand lending decisions. Reference books about accounting, whilevaluable for their insights, are seldom this enjoyable to read. This book is different because the authors seamlessly integratefascinating real-life examples and instructive fictional scenariosinto each chapter to illustrate their points.

For anyone with apassing interest in the subject, or for new analysts learning thetrade, F inancial Statement Analysis is an amazingresource. That’s true in spades for Financial StatementAnalysis.

Fridson and Alvarez have written a classic. It shouldbe required reading and a constant reference source on thebookshelf of any investor intending to buy individual companystocks or bonds. Financial statement analysis is an essential skill for individualsinvolved in investment management, corporate finance, commerciallending, and the extension of credit.


Over the years, it has becomean increasingly complex endeavor, as corporate financial statementshave become more difficult to decipher. But with the FourthEdition of Financial Statement Analysisyou’ll learn how tohandle the practical challenges that are part of the business. Written by leading investment authority Martin Fridson andColumbia Graduate Business School Professor Fernando Alvarez, thisreliable resource outlines the analytical framework needed toscrutinize financial anlaysis, whether you’re evaluating acompany’s stock price or determining valuations for a merger oracquisition.

Fully revised to reflect new concerns and challengesin this field, ajalysis Fourth Edition of Financial StatementAnalysis will put you in a better position to get past thesometimes biased portrait of a company’s performance.

Insights that will allow you to evaluate financial statementseffectively in volatile markets and an uncertain economy. Tips for maximizing the accuracy of forecasts and a structuredapproach to credit and equity evaluation. All too often, financial statements conceal more than theyreveal.

Financial Statement Analysis: A Practitioner’s Guide

But by undertaking genuine, goal-orientedanalysis—instead of simply going through the motions ofcalculating standard financial ratios—you can uncover thetrue financial condition of a company. Filled with real-world financila and expertadvice, FinancialStatement Analysis, Fourth Edition will help you excel atinterpreting financial statements and enable you to use thisinformation to make better business decisions.

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Financial Statement Analysis Workbook Add all three to Cart Add all three to List. Buy the selected items together This item: A Practitioner’s Guide by Martin S. Ships from and sold by Amazon. Financial Statement Analysis Workbook: Customers who bought this item also bought.

Page 1 of 1 Start over Page 1 of 1. A Practitioner’s Guide, 4th Edition. Financial Shenanigans, Fourth Edition: The Financial Numbers Game: Detecting Creative Accounting Practices. The Interpretation of Financial Statements. Review ” Financial Statement Analysis: Insights that will fridspn you to evaluate financial statementseffectively in volatile markets and an uncertain economy Discussions on properly interpreting balance sheets, incomestatements, and cash flow statements Valuable new case studies of fraudulent reporting Tips for maximizing the accuracy of forecasts and a structuredapproach to credit and equity evaluation Revelations about how earnings can be exaggerated or evenfabricated And much more All too often, financial statements conceal more than theyreveal.

Wiley; 4 edition July 5, Language: Start reading Financial Statement Analysis on your Kindle in under a minute. Don’t have a Kindle? Now Playing What is the purpose of finnancial reporting? Now Playing Financial Statement Analysis: Try the Kindle edition and experience these great reading features: Share your thoughts with other customers.

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There was a problem filtering reviews right now. Please try again later. If you want to start investing in a smart way, the book is a great read, even for nonaccountant. I have been analyzing financial statements for decades and I have found this book to be a very useful resource indeed.

The book is divided into four parts. The narrative is written in plain English, MBA not required for interpretation, and the material is relevant to credit analysts and securities analysts. If your looking for a atatement and useful guide to financial statement analysis, this book will fit the bill.

Kindle Edition Verified Purchase. Really opens the eyes to the perpetual corruption of our market system. One person found this helpful. Fridson shows why he is one of the best high yield bond investors.

Item arrived as described. I use this book in my lectures Fundamental Analysis and Valuation for postgraduate students. It is very good supplement to the traditional valuation literature. Not only does it provide a healthy dose of theory in a readable format, but it also offers an abundance of examples. As such the book fully deserves statejent subtitle.

A recommended read for anyone interested in financial statements and finance.

If you know nothing about financial statements, this should not be a book of your choice – it expect you to know state,ent meaning of financial statement figures. But it helps you to see reality behind the statement and the intentions of its issuer.

Armed with knowledge and analyss real-world examples this book provides, you won’t be fooled by clever accounting tricks managers employ to boost their compensations and achieve cheep capital for their companies. Must-read of every value investor. See all 36 reviews. Amazon Giveaway allows you to run promotional giveaways financcial order to create buzz, reward your audience, and attract new followers and customers.

Learn more about Amazon Giveaway. Set up a giveaway. Customers who viewed this item also viewed. Financial Intelligence, Revised Edition: A Practitioner’s Guide, 3rd Edition. Pages with related products. See and discover other items: There’s a problem loading this menu right now. Learn more about Amazon Prime. Get fast, free shipping with Amazon Prime. Finnancial to Know Us. English Choose a language for shopping. Explore the Home Gift Guide.

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