International Financial Statement Analysis Workbook
3rd Edition
Published on 24. March 2015
Book
Paperback/Softback
208 pages
978-1-118-99948-6 (ISBN)
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.
* 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.
More details
Other editions
New editions
Thomas R. Robinson
International Financial Statement Analysis Workbook
Book
03/2020
4th Edition
Wiley
€50.00
Shipment within 15-20 days
Previous edition
Thomas R. Robinson | Elaine Henry | Wendy L. Pirie
International Financial Statement Analysis Workbook (CFA Institute Investment Series)
Book
05/2012
2nd Edition
Wiley
€39.90
Article exhausted; check for reprint
Persons
THOMAS R. ROBINSON, PHD, CFA, is Managing Director of the Americas at CFA Institute.
ELAINE HENRY, PHD, CFA, is a Clinical Associate Professor of Accounting at Fordham University.
WENDY L. PIRIE, PHD, CFA, is Director, Curriculum Projects, in the Education Division at CFA Institute and served as editor for this book.
MICHAEL A. BROIHAHN, CFA, is Associate Professor of Accounting at Barry University in Miami Shores, Florida.
ELAINE HENRY, PHD, CFA, is a Clinical Associate Professor of Accounting at Fordham University.
WENDY L. PIRIE, PHD, CFA, is Director, Curriculum Projects, in the Education Division at CFA Institute and served as editor for this book.
MICHAEL A. BROIHAHN, CFA, is Associate Professor of Accounting at Barry University in Miami Shores, Florida.
Content
PART I
Learning Outcomes, Summary Overview, and Problems
CHAPTER 1
Financial Statement Analysis: An Introduction 3
Learning Outcomes 3
Summary Overview 3
Problems 5
CHAPTER 2
Financial Reporting Mechanics 7
Learning Outcomes 7
Summary Overview 7
Problems 8
CHAPTER 3
Financial Reporting Standards 13
Learning Outcomes 13
Summary Overview 14
Problems 15
CHAPTER 4
Understanding Income Statements 19
Learning Outcomes 19
Summary Overview 20
Problems 21
CHAPTER 5
Understanding Balance Sheets 25
Learning Outcomes 25
Summary Overview 25
Problems 27
CHAPTER 6
Understanding Cash Flow Statements 31
Learning Outcomes 31
Summary Overview 31
Problems 32
CHAPTER 7
Financial Analysis Techniques 37
Learning Outcomes 37
Summary Overview 37
Problems 38
CHAPTER 8
Inventories 45
Learning Outcomes 45
Summary Overview 45
Problems 47
CHAPTER 9
Long-Lived Assets 61
Learning Outcomes 61
Summary Overview 62
Problems 64
CHAPTER 10
Non-Current (Long-Term) Liabilities 73
Learning Outcomes 73
Summary Overview 73
Problems 75
CHAPTER 11
Financial Reporting Quality 79
Learning Outcomes 79
Summary Overview 79
Problems 80
CHAPTER 12
Financial Statement Analysis: Applications 83
Learning Outcomes 83
Summary Overview 83
Problems 84
CHAPTER 13
Income Taxes 87
Learning Outcomes 87
Summary Overview 88
Problems 88
CHAPTER 14
Employee Compensation: Post-Employment and Share-Based 93
Learning Outcomes 93
Summary Overview 93
Problems 94
CHAPTER 15
Intercorporate Investments 101
Learning Outcomes 101
Summary Overview 101
Problems 102
CHAPTER 16
Multinational Operations 111
Learning Outcomes 111
Summary Overview 112
Problems 114
CHAPTER 17
Evaluating Quality of Financial Reports 121
Learning Outcomes 121
Summary Overview 121
Problems 123
CHAPTER 18
Integration of Financial Statement Analysis Techniques 125
Learning Outcomes 125
Summary Overview 125
Problems 126
PART II
Solutions
CHAPTER 1
Financial Statement Analysis: An Introduction 135
Solutions 135
CHAPTER 2
Financial Reporting Mechanics 137
Solutions 137
CHAPTER 3
Financial Reporting Standards 141
Solutions 141
CHAPTER 4
Understanding Income Statements 143
Solutions 143
CHAPTER 5
Understanding Balance Sheets 145
Solutions 145
CHAPTER 6
Understanding Cash Flow Statements 147
Solutions 147
CHAPTER 7
Financial Analysis Techniques 151
Solutions 151
CHAPTER 8
Inventories 155
Solutions 155
CHAPTER 9
Long-Lived Assets 161
Solutions 161
CHAPTER 10
Non-Current (Long-Term) Liabilities 165
Solutions 165
CHAPTER 11
Financial Reporting Quality 167
Solutions 167
CHAPTER 12
Financial Statement Analysis: Applications 171
Solutions 171
CHAPTER 13
Income Taxes 173
Solutions 173
CHAPTER 14
Employee Compensation: Post-Employment and Share-Based 175
Solutions 175
CHAPTER 15
Intercorporate Investments 179
Solutions 179
CHAPTER 16
Multinational Operations 183
Solutions 183
CHAPTER 17
Evaluating Quality of Financial Reports 187
Solutions 187
CHAPTER 18
Integration of Financial Statement Analysis Techniques 189
Solutions 189
About the CFA Program 193
Learning Outcomes, Summary Overview, and Problems
CHAPTER 1
Financial Statement Analysis: An Introduction 3
Learning Outcomes 3
Summary Overview 3
Problems 5
CHAPTER 2
Financial Reporting Mechanics 7
Learning Outcomes 7
Summary Overview 7
Problems 8
CHAPTER 3
Financial Reporting Standards 13
Learning Outcomes 13
Summary Overview 14
Problems 15
CHAPTER 4
Understanding Income Statements 19
Learning Outcomes 19
Summary Overview 20
Problems 21
CHAPTER 5
Understanding Balance Sheets 25
Learning Outcomes 25
Summary Overview 25
Problems 27
CHAPTER 6
Understanding Cash Flow Statements 31
Learning Outcomes 31
Summary Overview 31
Problems 32
CHAPTER 7
Financial Analysis Techniques 37
Learning Outcomes 37
Summary Overview 37
Problems 38
CHAPTER 8
Inventories 45
Learning Outcomes 45
Summary Overview 45
Problems 47
CHAPTER 9
Long-Lived Assets 61
Learning Outcomes 61
Summary Overview 62
Problems 64
CHAPTER 10
Non-Current (Long-Term) Liabilities 73
Learning Outcomes 73
Summary Overview 73
Problems 75
CHAPTER 11
Financial Reporting Quality 79
Learning Outcomes 79
Summary Overview 79
Problems 80
CHAPTER 12
Financial Statement Analysis: Applications 83
Learning Outcomes 83
Summary Overview 83
Problems 84
CHAPTER 13
Income Taxes 87
Learning Outcomes 87
Summary Overview 88
Problems 88
CHAPTER 14
Employee Compensation: Post-Employment and Share-Based 93
Learning Outcomes 93
Summary Overview 93
Problems 94
CHAPTER 15
Intercorporate Investments 101
Learning Outcomes 101
Summary Overview 101
Problems 102
CHAPTER 16
Multinational Operations 111
Learning Outcomes 111
Summary Overview 112
Problems 114
CHAPTER 17
Evaluating Quality of Financial Reports 121
Learning Outcomes 121
Summary Overview 121
Problems 123
CHAPTER 18
Integration of Financial Statement Analysis Techniques 125
Learning Outcomes 125
Summary Overview 125
Problems 126
PART II
Solutions
CHAPTER 1
Financial Statement Analysis: An Introduction 135
Solutions 135
CHAPTER 2
Financial Reporting Mechanics 137
Solutions 137
CHAPTER 3
Financial Reporting Standards 141
Solutions 141
CHAPTER 4
Understanding Income Statements 143
Solutions 143
CHAPTER 5
Understanding Balance Sheets 145
Solutions 145
CHAPTER 6
Understanding Cash Flow Statements 147
Solutions 147
CHAPTER 7
Financial Analysis Techniques 151
Solutions 151
CHAPTER 8
Inventories 155
Solutions 155
CHAPTER 9
Long-Lived Assets 161
Solutions 161
CHAPTER 10
Non-Current (Long-Term) Liabilities 165
Solutions 165
CHAPTER 11
Financial Reporting Quality 167
Solutions 167
CHAPTER 12
Financial Statement Analysis: Applications 171
Solutions 171
CHAPTER 13
Income Taxes 173
Solutions 173
CHAPTER 14
Employee Compensation: Post-Employment and Share-Based 175
Solutions 175
CHAPTER 15
Intercorporate Investments 179
Solutions 179
CHAPTER 16
Multinational Operations 183
Solutions 183
CHAPTER 17
Evaluating Quality of Financial Reports 187
Solutions 187
CHAPTER 18
Integration of Financial Statement Analysis Techniques 189
Solutions 189
About the CFA Program 193