CHAPTER 1: THE ADVERSARIAL NATURE OF FINANCIAL REPORTINGCHAPTER 2: THE BALANCE SHEETCHAPTER 3: THE INCOME STATEMENTCHAPTER 4: THE STATEMENT OF CASHCHAPTER 5: WHAT IS PROFIT?CHAPTER 6: REVENUE RECOGNITIONCHAPTER 7: EXPENSE RECOGNITIONCHAPTER 8: THE APPLICATIONS AND LIMITATIONS OF EBITDACHAPTER 9: THE RELIABILITY OF DISCLOSURE AND AUDITSCHAPTER 10: MERGERS‐AND‐ACQUISITIONS ACCOUNTINGCHAPTER 11: IS FRAUD DETECTABLE?CHAPTER 12: FORECASTING FINANCIAL STATEMENTSCHAPTER 13: CREDIT ANALYSISCHAPTER 14: EQUITY ANALYSIS