01547 a2200205 4500 007253317X 9780072533170 332.632042 3051 3051 Penman, Stephen. Financial statement analysis and security valuation / Stephen Penman. 2nd ed. [S.l.] : McGraw-Hill/Irwin, 2003. 768 p. ; 26 cm. Hardcover. Penman's Financial Statement Analysis and Security Valuation 2/e focuses on the output of financial statements, not the input. As such, the book asks what financial statements tell you, not how they are prepared. The idea is to get students to see accounting "working." The book focuses on using financial statements in valuation. The text takes the approach that the best way to accurately value a firm is to look at the future earnings of the firm. The main pretext of the book is that financial statement analysis and valuation analysis are inextricably entwined: valuation is an exercise in financial statement analysis. Financial statement analysis is directed by the need to get information for valuation. Accordingly, the book brings finance and accounting concepts together. The book stresses concepts, but the idea is to show how to move from concepts to practice. Amazon.com http://www.amazon.com/exec/obidos/ASIN/007253317X/chopaconline-20 Amazon customer reviews http://www.chopac.org/cgi-bin/tools/azrev.pl?q=007253317X NBS BK 332.632042 PEN 345541 345541 0 0 0 0 CL CL 2013-08-28 1 332.632042 PEN NBS7001 2017-11-22 2017-08-08 2013-08-28 BK 0 0 0 0 CL CL 2013-08-28 1 332.632042 PEN NBS6702 2022-02-03 2017-08-08 2013-08-28 BK 0 0 0 0 CL CL 2013-08-28 2 332.632042 PEN NBS7140 2019-10-08 2018-06-07 2013-08-28 BK