Whether you're evaluating a company's stock price, assessing itscredit quality, or determining valuations for a merger oracquisition, deciphering the messages embedded within a company'sfinancial statements is critical-especially after the recent demiseof so-called "solid" companies. This workbook will help you do thisand much more, by allowing you to hone your skills and test theknowledge you've gained from reading Financial Statement Analysis,Third Edition.Question-and-answer sections within this workbook correspond toeach chapter of Financial Statement Analysis, Third Edition, so youcan use this guide in conjunction with the actual text.Alternatively, you can use the self-administered tests that arealso a part of this workbook to independently practice the skill ofreading and understanding financial statements. Either way, usingthe Financial Statement Analysis Workbook will help you expand yourskills in reading and analyzing financial statements-so you cansuccessfully put your hard-won knowledge to work in the real world.
Fernando Alvarez Livres


The goal of financial statement analysis is to shed light on the true financial condition of a company so realistic valuations can be determined for investment, lending, or merger and acquisition purposes. This important process has become increasingly complex over the years as corporate financial statements have become more difficult to decipher. But with Financial Statement Analysis, Third Edition, you'll learn how to handle the practical challenges that are part of this business. In Financial Statement Analysis, Third Edition, leading investment authority Martin Fridson returns with NYU Professor Fernando Alvarez to provide the analytical framework you need to scrutinize financial statements, whether you're evaluating a company's stock price or determining valuations for a merger or acquisition. This fully revised and up-to-date Third Edition offers detailed, fresh information that will allow you to evaluate financial statements in today's volatile markets and uncertain economy. Filled with real-life examples and expert advice, this comprehensive guide will motivate you to undertake genuine, goal-oriented analysis instead of simply going through the motions of calculating standard financial statement analysis. Pick up Financial Statement Analysis, Third Edition and you will acquire all the insight and professional know-how you need to find the facts behind the fiction of most corporate financial statements.