This specific ISBN edition is currently not available.View all copies of this ISBN edition:
This book describes valuation as an exercise in financial statement analysis. Students learn to view a firm through its financial statements and to carry out the appropriate financial statement analysis to value the firm's debt and equity. The book takes an activist approach to investing, showing how the analyst challenges the current market price of a share by analyzing the fundamentals. With a careful assessment of accounting quality, accounting comes to life as it is integrated with the modern theory of finance to develop practical analysis and valuation tools for active investing.
"synopsis" may belong to another edition of this title.
Stephen Penman is the George O. May Professor and the Morgan Stanley Research Scholar in the Graduate School of Business, Columbia University. He also serves as co-director of Columbia's Center for Excellence in Accounting and Security Analysis. Prior to his appointment at Columbia in 1999, Stephen Penman was the L.H. Penny Professor in the Walter A. Haas School of Business at the University of California at Berkeley. From 1990-95 he served a Chairman of the Professional Accounting Program and Chairman of the Accounting Faculty at Berkeley. He also initiated and chaired Berkeley's Annual Conference on Financial Reporting. He has served as a Visiting Professor at Columbia University and the London Business School of Economic. Professor Penman received a first-class honors degree in Commerce from the University of Queensland, Australia, and M.B.A. and Ph.D. degrees from the University of Chicago. His research is concerned with the valuation of equity and the role of accounting information in security analysis. He has published widely in finance and accounting journals and has conducted seminars on fundamental analysis and equity evaluation for academic and professional audience. In 1991 he was awarded the Notable Contribution to Accounting Literature Award by the American Accounting Association and the American Institute of Certified Public Accountants, and in 2002 he was awarded the American Accounting Association and Deloitte & Touche Wildman Medal for his book, Financial Statement Analysis and Security Valuation, published by McGraw-Hill/Irwin. He is managing editor of the Review of Accounting Studies and is on the editorial board of the Schmalenbach Business Review.
"About this title" may belong to another edition of this title.
Book Description McGraw-Hill/Irwin. Hardcover. Condition: New. 0073127132 Paperback. Book Condition: New. This is an International Edition. Brand new. Seller Inventory # INDMKT-73127132
Book Description McGraw-Hill/Irwin. Hardcover. Condition: New. 0073127132 Paperback. Book Condition: New. This is an International Edition. Brand new. Seller Inventory # INDMKT-9780070668195
Book Description McGraw-Hill/Irwin, 2006. Condition: New. book. Seller Inventory # M0073127132
Book Description McGraw-Hill/Irwin. Hardcover. Condition: New. 0073127132 New Condition. Seller Inventory # NEW99.3021701
Book Description McGraw-Hill/Irwin, 2006. Hardcover. Condition: New. 3. Ships with Tracking Number! INTERNATIONAL WORLDWIDE Shipping available. Buy with confidence, excellent customer service!. Seller Inventory # 0073127132n