Financial statement analysis and security valuation / Stephen H. Penman
Material type:
- 978-0-07-066819-5
- 9780071254328
- HF 5681 .B2 P4134 2008
Item type | Current library | Call number | Copy number | Status | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|---|
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PAC UNIVERSITY Reserve | VRC HF 5681 .B2 P4134 2008 (Browse shelf(Opens below)) | C.1 | Available | 20344 | |||
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VALLEY ROAD General Stacks | VRC HF 5681 .B2 P4134 2008 (Browse shelf(Opens below)) | C.2 | Available | 20401 |
Includes index.
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.