Attempting to bring a new perspective to the teaching of financial statement analysis, this text aims to help students to develop both an understanding of the data provided by financial statements and the analytical techniques necessary to evaluate a firm's performance.
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A comprehensive survey of theoretical and analytical issues to demonstrate the use of actual financial statement data including the latest developments in financial reporting. Features a comparative assessment of U.S. and international reporting requirements using their financial statements to illustrate essential differences. End-of-chapter material and problems are derived from annual reports of U.S. firms and, where appropriate, foreign companies.
Instructor's Manual available. -- The publisher, John Wiley & Sons
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