International Financial Statement Analysis provides themost up-to-date detail for the successful assessment of companyperformance and financial position regardless of country of origin.The seasoned experts at the CFA Institute offer readers a rich, clear reference, covering all aspects from financial reportingmechanics and standards to understanding income and balance sheets.Comprehensive guidance toward effective analysis techniques helpsreaders make real-world use of the knowledge presented, with thisnew third edition containing the most current standards and methodsfor the post-crisis world. Coverage includes the complete statementanalysis process, plus information on income tax accounting, employee compensation, and the impact of foreign exchange rates onthe statements of multinational corporations.
Financial statement analysis gives investment professionalsimportant insights into the true financial condition of a company.With it, realistic valuations can be made for investment, lending, or merger and acquisition purposes. The process is becomingincreasingly complex, but this book helps readers deal with thepractical challenges that arise at the international level.
Understand the accounting mechanics behind financialreportingDiscover the differences between statements from around theworldLearn how each financial statement element affects securitiesvaluationMaster analysis for clues into operations and riskcharacteristicsAmid an uncertain global economic climate, in today's volatileinternational markets, the ability to effectively evaluatefinancial statements is a critical skill. Standards and conditionsare continuously evolving, and investment professionals need astrong, up-to-date resource for the latest rules and bestpractices. International Financial Statement Analysisprovides this and more, with clarity and expert advice.