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 by Martin S. Fridson, , available at Book Depository with free delivery worldwide. Praise for Financial Statement Analysis FOURTH EDITION “Over my decades of involvement with high-yield bonds, Marty Fridson has been the leading.
|Published (Last):||20 November 2016|
|PDF File Size:||3.28 Mb|
|ePub File Size:||5.37 Mb|
|Price:||Free* [*Free Regsitration Required]|
Howard Marks recommends this book. From untilhe was associate professor in fridsom Finance and Economics Department and director of entrepreneurship programs at Rutgers Business School, Newark and New Brunswick. I would highly recommend this book to anyone interested in While purchasing this book, I was in two minds due to high price.
Lukashod rated it it was amazing Oct 09, View Instructor Companion Site. It teaches the art of skepticism and critical thinking. In light of the Enron fiasco, which post-dates this book’s publication, the discussion is prescient and will no doubt need to be expanded in future editions!
With real life cases and frauds explained in detail, it cautions investors of how to be alert and save oneslf of dangerous traps and would be scams. Check out the top books of the year on our page Best Books of Readers go beyond definition and calculation and learn interpretation. Thanks for telling us about the problem. This book provides an excellent bird’s eye view of the accounting practices, highlighting the most common pitfalls an analyst can fall in.
Want to Read Currently Reading Read.
Oldstone rated it it was amazing Sep 05, There are no discussion topics on this book yet. Alternative Investments Mark J.
Aug 14, Ahmed Daabel rated it it was amazing. As buffet said “return of investment is more imp than return on investment” and this book does the job amalysis. In this case, you might consider supplementing the book with a more traditional textbook. Goodreads helps you keep track of books you want to read.
Financial Statement Analysis: A Practitioner’s Guide, 4th Edition
Stern School of Business, NYU “Let this book assist in financial awareness and transparency and higher standards of reporting, and accountability to all stakeholders. The title can be financjal bit misleading. This book is not yet featured on Listopia. It Was a Very Good Year.
Daniel Kasper rated it really liked it Jul 19, But by undertaking genuine, goal-orientedanalysis–instead of simply going through the motions ofcalculating standard financial ratios–you can uncover statemebt financial condition of a company. Cannellaformer head of Global Credit Research, J.
That’s true in spades for Financial Statement Analysis.
Financial Statement Analysis: A Practitioner’s Guide by Martin S. Fridson
Importantly, however, they move beyond the mechanics by providing the reader with insight into how to use, interpret, and recast the ratios under varying assumptions. As he so accurately frifson in Financial Statement Analysis, the credit investor is required to engage in a game of cat-and-mouse with company management’s intent on minimizing their cost of capital by putting a positive gloss on their financial statements.
Finally, the book contains a useful glossary that provides definitions and examples for many economic, financial, and accounting terms and concepts. The Fourth Edition of Marty’s terrific book is the bible on how to detect and deal with these efforts.
Over a twenty-five-year span with brokerage firms including Salomon Brothers, Morgan Stanley, and Merrill Lynch, he became known for his innovative work in analysie analysis and investment strategy.
Want to Read saving…. I highly recommend their book to anyone interested in getting behind the numbers as a means of predicting future profits and stock prices.
Be the first to ask a question about Financial Statement Analysis. Over a twenty-five-year span with brokerage firms including Salomon Brothers, Morgan Stanley, and Merrill Lynch, he became known for his innovative work in credit analysis and investment strategy. Part 1 sets the stage by positing the adversarial nature of financial accounting. Insights that will allow 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.
The case studies provide excellent and timely examples of some of the techniques that companies have used to mislead investors. Greenwald Foreword show financiwl. It teaches the art of skepticism and critical thinking. I would highly recommend this book to anyone interested in having indepth knowledge of real corporate finance and valuations. Quantitative Value Wesley R. Goodreads is the world’s largest site for readers with over 50 million reviews. Einar Otnes rated it really liked it Nov 27, Value Investing Bruce C.
Lists with This Book. The author separated the content into four parts: In Financial Statement Analysis, Fourth Edition, leading investment authority Martin Fridson returns with NYU Professor Fernando Alvarez to provide the analytical framework you need to scrutinize financial statements, whether you’re evaluating a company’s stock price or determining valuations for a merger or acquisition.
Their discussion of profits-‘quality of earnings’-is particularly insightful given the recent spate of reporting problems encountered by firms.
Its great value, though, is in the plain-spoken stripping down of real-world and illustrative examples that show how to see past the numbers to the practicalities and incentives behind them–and so help analysts and journalists alike ask the right questions.
It helps to develop the questioning mind–the mind of a financial detective. Zin rated analysjs really liked it Jun 01,