Financial Statement Analysis Workbook, 5th Edition

Financial Statement Analysis Workbook, 5th Edition

by Martin S. Fridson, Fernando Alvarez
Released August 2022
Publisher(s): Wiley
ISBN: 9781119457183

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Book description

The helpful workbook to help practice assessing financial statements

Financial statement analysis is essential as part of any well-organized financial portfolio. As a companion piece, Financial Statement Analysis Workbook: A Practitioner's Guide allows readers the opportunity to test and hone the skills put forward in Martin Fridson and Fernando Alvarez's Financial Statement Analysis, a resource devoted to providing the analytical framework necessary to make sense of the sometimes misleading numbers put forth by companies. Scrutinizing financial statements allows one to, for example, evaluate a company’s stock price or determine merger or acquisition valuations.

The Financial Statement Analysis Workbook, then, provides a pathway to become familiar with these methodologies in order to be prepared to use them in real-world scenarios. With the skills provided within, you can begin to undertake goal-oriented preparation for the practical challenges of contemporary business, and feel confident in your financial decision-making. This is aided by:

  • Question-and-answer sections within this Workbook correspond to each chapter of Financial Statement Analysis
  • Financial statement and computational exercises designed to require analysis and synthesis of concepts covered in the core text
  • A full list of answers in the second half of the book that help explain pitfalls within the questions

An essential tool for professional analysts, investors, and students, Financial Statement Analysis Workbook offers the perfect opportunity to help turn theory into reality.

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Dedication
  5. Preface to the Fifth Edition Workbook
  6. Acknowledgments
  7. Part One: Questions
    1. Fill in the Blanks on Each Chapter
      1. CHAPTER 1: THE ADVERSARIAL NATURE OF FINANCIAL REPORTING
      2. CHAPTER 2: THE BALANCE SHEET
      3. CHAPTER 3: THE INCOME STATEMENT
      4. CHAPTER 4: THE STATEMENT OF CASH
      5. CHAPTER 5: WHAT IS PROFIT?
      6. CHAPTER 6: REVENUE RECOGNITION
      7. CHAPTER 7: EXPENSE RECOGNITION
      8. CHAPTER 8: THE APPLICATIONS AND LIMITATIONS OF EBITDA
      9. CHAPTER 9: THE RELIABILITY OF DISCLOSURE AND AUDITS
      10. CHAPTER 10: MERGERS‐AND‐ACQUISITIONS ACCOUNTING
      11. CHAPTER 11: IS FRAUD DETECTABLE?
      12. CHAPTER 12: FORECASTING FINANCIAL STATEMENTS
      13. CHAPTER 13: CREDIT ANALYSIS
      14. CHAPTER 14: EQUITY ANALYSIS
    2. Financial Statements Exercises
      1. FINANCIAL STATEMENT ITEMS
      2. COMMON SIZE AND OPERATING STRATEGY
      3. CASH FLOWS AND LIFE CYCLE
      4. DUPONT ANALYSIS
    3. Computational Exercises
      1. THE ARITHMETIC OF GROWTH VALUATIONS
      2. MARKET VALUE VERSUS BOOK VALUE OF DEBT
      3. ACQUISITION DRIVEN BY SALES GROWTH ACCELERATION WITHOUT PROFIT INCREASE
      4. STOCK PRICES AND GOODWILL
      5. PROJECTING INTEREST EXPENSE
      6. SENSITIVITY ANALYSIS IN FORECASTING FINANCIAL STATEMENTS
  8. Part Two: Answers
    1. Fill in the Blanks on Each Chapter (Answers)
      1. CHAPTER 1: THE ADVERSARIAL NATURE OF FINANCIAL REPORTING
      2. CHAPTER 2: THE BALANCE SHEET
      3. CHAPTER 3: THE INCOME STATEMENT
      4. CHAPTER 4: THE STATEMENT OF CASH
      5. CHAPTER 5: WHAT IS PROFIT?
      6. CHAPTER 6: REVENUE RECOGNITION
      7. CHAPTER 7: EXPENSE RECOGNITION
      8. CHAPTER 8: THE APPLICATIONS AND LIMITATIONS OF EBITDA
      9. CHAPTER 9: THE RELIABILITY OF DISCLOSURE AND AUDITS
      10. CHAPTER 10: MERGERS‐AND‐ACQUISITIONS ACCOUNTING
      11. CHAPTER 11: IS FRAUD DETECTABLE?
      12. CHAPTER 12: FORECASTING FINANCIAL STATEMENTS
      13. CHAPTER 13: CREDIT ANALYSIS
      14. CHAPTER 14: EQUITY ANALYSIS
    2. Financial Statements Exercises (Answers)
      1. FINANCIAL STATEMENT ITEMS
      2. COMMON SIZE AND OPERATING STRATEGY
      3. CASH FLOWS AND LIFE CYCLE
      4. DUPONT ANALYSIS
    3. Computational Exercises (Answers)
      1. ARITHMETIC OF GROWTH VALUATIONS
      2. MARKET VALUE VERSUS BOOK VALUE OF DEBT
      3. ACQUISITION DRIVEN BY SALES GROWTH ACCELERATION WITHOUT PROFIT INCREASE
      4. STOCK PRICES AND GOODWILL
      5. PROJECTING INTEREST EXPENSE
      6. SENSITIVITY ANALYSIS IN FORECASTING FINANCIAL STATEMENTS
  9. End User License Agreement

Product information

  • Title: Financial Statement Analysis Workbook, 5th Edition
  • Author(s): Martin S. Fridson, Fernando Alvarez
  • Release date: August 2022
  • Publisher(s): Wiley
  • ISBN: 9781119457183