Authors: Erich A. Helfert
ISBN-13: 9780071378345, ISBN-10: 0071378340
Format: Hardcover
Publisher: McGraw-Hill Companies, The
Date Published: September 2001
Edition: (Non-applicable)
Erich A. Helfert, DBA, is an internationally recognized management consultant in corporate finance, strategic planning, and executive education in financial/economic decision making and value creation. The cofounder, chairman, and CEO of Modernsoft, Inc.developers of the knowledge-based financial analysis and business modeling software Financial GenomeDr. Helfert is the former corporate planning vice president at Crown Zellerbach Corporation, and previously was a faculty member of the Harvard Business School. He is the author of all ten editions of the best-selling college text Techniques of Financial Analysis.
Proven Techniques for All Managers and Financial Professionals to Generate, Understand, and Act Upon Key Financial Information
The syntax and "code" of financial analysis, along with the avenues for arriving at appropriate and useful answers, have long seemed like a foreign language to nonfinancial managers. Financial Analysis Tools and Techniques simplifies the process, and provides busy managers and professionals with the guidelines they need for conducting effective analyses and making sound economic trade-offs and business decisions.
In a business systems context, this essential book explains how to:
Financial Genome by Modernsoft, Inc.
This advanced knowledge-based business analysis and planning software is fully integrated with this book, allowing users to:
Download Financial Genome for a free 30-day trial from www.modernsoft.com (See Appendix I for details)
Since the first of its ten editions appeared in 1963, Erich Helfert's seminal Techniques of Financial Analysis has provided business students as well as financial practitioners with a concise and practical overview of financial analysis tools and concepts. What sets this classic text apart then, and continues to distinguish it today, has been its focus on the continuous interrelationship between management decisions and the economic value of a business, explained in a unique systems context.
Financial Analysis: Tools and Techniques adapts this seminal reference to today's fast-changing professional market and establishes a new benchmark for direct, concise, and practical financial analysis information and interpretation. Specifically addressing key analytical needs in the tumultuous twenty-first-century business environment, it comments on valuable business applications of the tools and concepts with insights from Erich Helfert and his consulting clients.
Providing focused analyses of the economics of business investments and valuation, presenting discussions of cash-flow trade-offs and time-value analysis against the strategic backdrop of the business system, and emphasizing enhancement of shareholder value through value-based management (VBM), Financial Analysis: Tools and Techniques will help all nonfinancial managers to make sound investment, operating, and financing decisions. Concise yet sufficiently detailed, it covers the full range of financial analysis issues, including:
Financial Analysis: Tools and Techniques is a quick and easy read for the nonfinancial manager and an excellent refresher and reference for the financial professional. In conjunction with its companion software Financial Genome, it represents the next step in financial analysisone that gives financial analysis and economic decisions their proper importance and context in the successful operation of a business.
Erich A. Helfert, DBA, is an internationally recognized management consultant in corporate finance, strategic planning, and executive education in financial/economic decision making and value creation. The cofounder, chairman, and CEO of Modernsoft, Inc.developers of the knowledge-based financial analysis and business modeling software Financial GenomeDr. Helfert is the former corporate planning vice president at Crown Zellerbach Corporation, and previously was a faculty member of the Harvard Business School. He is the author of all ten editions of the best-selling college text Techniques of Financial Analysis.
Preface | ||
Introduction | ||
Ch. 1 | The Challenge of Financial/Economic Decision-making | 1 |
Ch. 2 | A Systems Context for Financial Management | 21 |
Ch. 3 | Managing Operating Funds | 59 |
Ch. 4 | Assessment of Business Performance | 95 |
Ch. 5 | Projection of Financial Requirements | 161 |
Ch. 6 | Dynamics and Growth of the Business System | 191 |
Ch. 7 | Cash Flows and the Time Value of Money | 223 |
Ch. 8 | Analysis of Investment Decisions | 255 |
Ch. 9 | Cost of Capital and Business Decisions | 297 |
Ch. 10 | Analysis of Financing Choices | 325 |
Ch. 11 | Valuation and Business Performance | 357 |
Ch. 12 | Managing for Shareholder Value | 391 |
App. I | Financial Analysis Using Financial Genome | 425 |
App. II | Glossary of Key Terms and Concepts | 433 |
App. III | Financial Information and On-Line Sources | 449 |
App. IV | Basic Inflation Concepts | 463 |
App. V | Some Issues in Multinational Financial Analysis | 469 |
Index | 477 |