Business Analysis & Valuation

BUSINESS ANALYSIS & VALUATION: USING FINANCIAL STATEMENTS, 5E has a valuation emphasis and focuses on a four-part framework: (1) business strategy analysis for developing an understanding of a firm's competitive strategy (2) accounting analysis for representing the firm's business economics and strategy in its financial statements and for developing adjusted accounting measures of performance (3) financial analysis for ratio analysis and cash flow measures of operating and (4) prospective analysis. The text shows how this business analysis and valuation framework can be applied to a variety of decision contexts: securities analysis, credit analysis, corporate financing policies analysis, mergers and acquisitions analysis and governance and communication analysis.Table of ContentPart I: Framework A Framework for Business Analysis and Valuation Using Financial Statements Part II: Business Analysis and Valuation ToolsStrategy AnalysisOverview of Accounting AnalysisImplementing Accounting Analysis Financial Analysis Prospective Analysis: Forecasting Prospective Analysis: Valuation Theory and ConceptsProspective Analysis: Valuation ImplementationPart III: Business Analysis and Valuation Applications Equity Security AnalysisCredit Analysis and Distress PredictionMergers and Acquisitions Communication and Governance