International Financial Statement Analysis 2nd Edition

Written by the distinguished team of Thomas Robinson, ElaineHenry, Wendy Pirie, and Michael Broihahn, along with a number ofexperienced contributors, the book is a comprehensive compilationof expert wisdom that gives you everything you need to makeintelligent financial decisions in an uncertain global economicclimate.

Designed to help you understand the practical challenges ofworking with financial statements, the book covers the mechanics ofthe accounting process, which is the foundation for financialreporting, and the differences and similarities in incomestatements, balance sheets, and cash flow statements around theworld. Other topics addressed include how to assess theimplications of any financial statement element or transaction, howdifferent financial statement analysis techniques can providevaluable clues into a company′s operations and riskcharacteristics, and more. Fully revised and updated, this SecondEdition features new standards and methods for statement analysisin a post–crisis world.

To enhance your understanding of the tools and techniquespresented here, pick up the International Financial StatementAnalysis Workbook, Second Editon. This companion guide containscarefully constructed problems with detailed solutions as well asconcise learning outcome statements and summary chapteroverviews.

International Financial Statement Analysis, Second Edition is astraightforward and highly accessible resource for anyone lookingto accurately assess the true financial condition of a company,offering a detailed look at how this topic can be understood in aglobal context and applied around the world.

Praise For International Financial StatementAnalysis

“Finally, I have a textbook for my Analysis of Foreign FinancialStatements course. I have been searching for years for a suitabletext covering financial statement analysis from an IFRSperspective. I find this book to be an excellent resource.”
Sylwia Gornik–Tomaszewski, DBA, CMA, CFM, AssociateProfessor, Department of Accounting and Taxation, Tobin College ofBusiness, St. John′s University

“International Financial Statement Analysis is arriving on thescene at the right time with a new and useful orientation andcomprehensive coverage. It should be an important and valuableresource.”
Gary John Previts, E. Mandell de Windt Professor,Case Western Reserve University

“This text is the basis for analyzing and interpreting financialstatements of companies around the globe and appeals to both thestudent and seasoned investor. It is an essential read andreference book for the global investor in search of alpha.”
Chris Senyek, CFA, CPA, Senior Managing Director andHead of Accounting & Tax Policy Research Team, ISI Group,Inc.

“This text is a valuable addition to the financial statementanalysis literature with its emphasis on financial reporting froman IFRS perspective, while highlighting major differences betweenIFRS and U.S. GAAP throughout. With the rapid global adoption ofIFRS, it provides a financial statement analysis foundation foranalysts globally who will be comparing IFRS and U.S. GAAPfinancial statements in the coming years as convergence continues.The authors′ integration of the IFRS framework throughout the textis particularly noteworthy, since it is the first source ofguidance that professionals utilize when applying IFRS inpractice.”
David R. Campbell Sr., Professor of Accounting,Drexel University

Don′t forget to pick up the International Financial StatementAnalysis Workbook, Second Edition, a companion study guide thatmirrors this text chapter by chapter.