Financial Statement Analysis and Security Valuation by Stephen Penman

Financial Statement Analysis and Security Valuation by Stephen Penman

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.

Stephen Penman is the L.H. Penney Professor of Accounting at the University of California at Berkeley. He received his Ph.D. from the University of Chicago in 1978. He has published extensively in the Journal of Accounting and Economics, the Journal of Accounting Research, and the Contemporary Accounting Research journal. he currently on the editorial board of the Review of Accounting Studies. He is known around the world for his reserch in Financial Accounting.

SKU	Non disponible
ISBN 13	9780073127132
ISBN 10	0073127132
Titre	Financial Statement Analysis and Security Valuation
Auteur	Stephen Penman
État	Non disponible
Type de reliure	Hardback
Éditeur	McGraw-Hill Education - Europe
Année de publication	2006-01-30
Nombre de pages	800
Note de couverture	La photo du livre est présentée à titre d'illustration uniquement. La reliure, la couverture ou l'édition réelle peuvent varier.
Note	Non disponible