International Financial Statement Analysis Workbook, 3rd Edition

Book description

International Financial Statement Analysis provides the most up-to-date detail for the successful assessment of company performance and financial positions. This rich, clear reference covers all aspects from financial reporting mechanics and standards to understanding income and balance sheets. Comprehensive guidance toward effective analysis techniques helps readers make real-world use of the knowledge presented, with this new third edition containing the most current standards and methods for the post-crisis world. Coverage includes the complete statement analysis process, plus information on income tax accounting, employee compensation, and the impact of foreign exchange rates on the statements of multinational corporations.

  • Understand the accounting mechanics behind financial reporting
  • Discover the differences between statements from around the world
  • Learn how each financial statement element affects securities valuation
  • Master analysis for clues into operations and risk characteristics

International Financial Statement Analysis provides the latest rules and best practices, with clarity and expert advice.

International Financial Statement Analysis Workbook helps busy professionals understand and apply the concepts and methodologies essential to accurate financial analysis. A companion to the IFSA text, this workbook offers learning objectives, chapter summaries, and practice problems that reinforce the practitioner-oriented material to give readers the confidence they need before applying these concepts to real cases. Readers will test their understanding of the standards and mechanics of financial reporting, and make use of the tools and techniques described in the text. This informative study guide is designed to facilitate information retention, helping readers build a strong foundation in financial statement analysis, with practical applications across borders.

The volatile global economy makes accurate international financial statement analysis a valuable skill, where insufficient mastery makes precise valuation impossible. International Financial Statement Analysis provides the most up-to-date knowledge, and this workbook offers readers a chance to practice applying that knowledge with carefully constructed problems.

  • Work topic-specific practice problems to facilitate intuitive understanding
  • Review each topic quickly using clear chapter summaries
  • Understand each chapter's objective to avoid missing key information
  • Practice important methods and techniques before applying them in the real world

It's impossible to tell how well a subject is mastered without applying the relevant concepts to a real-life situation. Valuation depends upon an accurate financial analysis, and practitioners need a solid grasp of the standards, formats, and documentation they may encounter on the international level. Practice makes perfect, and International Financial Statement Analysis Workbook provides plenty of practice and essential tools for understanding.

Table of contents

  1. Part I: Learning Outcomes, Summary Overview, and Problems
    1. Chapter 1: Financial Statement Analysis: An Introduction
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    2. Chapter 2: Financial Reporting Mechanics
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    3. Chapter 3: Financial Reporting Standards
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
      4. Note
    4. Chapter 4: Understanding Income Statements
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    5. Chapter 5: Understanding Balance Sheets
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    6. Chapter 6: Understanding Cash Flow Statements
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    7. Chapter 7: Financial Analysis Techniques
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    8. Chapter 8: Inventories
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
      4. Notes
    9. Chapter 9: Long-Lived Assets
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
      4. Notes
    10. Chapter 10: Non-Current (Long-Term) Liabilities
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    11. Chapter 11: Financial Reporting Quality
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    12. Chapter 12: Financial Statement Analysis: Applications
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    13. Chapter 13: Income Taxes
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    14. Chapter 14: Employee Compensation: Post-Employment and Share-Based
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    15. Chapter 15: Intercorporate Investments
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    16. Chapter 16: Multinational Operations
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    17. Chapter 17: Evaluating Quality of Financial Reports
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
    18. Chapter 18: Integration of Financial Statement Analysis Techniques
      1. Learning Outcomes
      2. Summary Overview
      3. Problems
  2. Part II: Solutions
    1. Chapter 1: Financial Statement Analysis: An Introduction
      1. Solutions
    2. Chapter 2: Financial Reporting Mechanics
      1. Solutions
    3. Chapter 3: Financial Reporting Standards
      1. Solutions
    4. Chapter 4: Understanding Income Statements
      1. Solutions
    5. Chapter 5: Understanding Balance Sheets
      1. Solutions
    6. Chapter 6: Understanding Cash Flow Statements
      1. Solutions
    7. Chapter 7: Financial Analysis Techniques
      1. Solutions
    8. Chapter 8: Inventories
      1. Solutions
    9. Chapter 9: Long-Lived Assets
      1. Solutions
    10. Chapter 10: Non-Current (Long-Term) Liabilities
      1. Solutions
    11. Chapter 11: Financial Reporting Quality
      1. Solutions
    12. Chapter 12: Financial Statement Analysis: Applications
      1. Solutions
    13. Chapter 13: Income Taxes
      1. Solutions
    14. Chapter 14: Employee Compensation: Post-Employment and Share-Based
      1. Solutions
    15. Chapter 15: Intercorporate Investments
      1. Solutions
    16. Chapter 16: Multinational Operations
      1. Solutions
    17. Chapter 17: Evaluating Quality of Financial Reports
      1. Solutions
    18. Chapter 18: Integration of Financial Statement Analysis Techniques
      1. Solutions
  3. About the CFA Program
  4. Advert
  5. End User License Agreement

Product information

  • Title: International Financial Statement Analysis Workbook, 3rd Edition
  • Author(s): Thomas R. Robinson, Elaine Henry, Wendy L. Pirie, Michael A. Broihahn
  • Release date: February 2015
  • Publisher(s): Wiley
  • ISBN: 9781118999486