Financial Statement Analysis

This edition remains a standard in the field, offering comprehensive frameworks for analyzing corporate financial statements from the perspectives of investors, analysts, and managers. It focuses on accounting quality, valuation metrics, credit risk, and performance forecasting. Structured in three parts—introduction and financial reporting, accounting analysis, and financial analysis—it bridges theory with practice through real-world case studies, footnote analysis, and integrated frameworks applicable to both equity and credit analysis. Updated content addresses recent trends in global reporting standards, sustainability metrics, and real-case applications for valuation.