000 01547 a2200205 4500
020 _a007253317X
020 _a9780072533170
082 0 4 _a332.632042
090 _c3051
_d3051
100 1 _aPenman, Stephen.
245 1 0 _aFinancial statement analysis and security valuation /
_cStephen Penman.
250 _a2nd ed.
260 _a[S.l.] :
_bMcGraw-Hill/Irwin,
_c2003.
300 _a768 p. ;
_c26 cm.
500 _aHardcover.
520 _aPenman'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.
856 4 0 _3Amazon.com
_uhttp://www.amazon.com/exec/obidos/ASIN/007253317X/chopaconline-20
856 4 0 _3Amazon customer reviews
_uhttp://www.chopac.org/cgi-bin/tools/azrev.pl?q=007253317X
942 _aNBS
_cBK
_k332.632042 PEN
999 _c345541
_d345541