Financial Statement Analysis: A Practitioner's Guide » (REV)

MARTIN FRIDSON is Managing Director at Merrill Lynch & Company and a member of Institutional Investor's All-America Fixed Income Research Team. His other books include How to Be a Billionaire, It Was a Very Good Year, and Investment Illusions, all published by Wiley. He is a past governor of the Association for Investment Management and Research.
FERNANDO ALVAREZ is Clinical Associate Professor in the Berkley Center for Entrepreneurial Studies at the Stern School of Business at NYU. His current research focuses on the management of cash flows resulting from changes in working capital requirements, the structure of cash flows, and the sources and uses of capital for the entrepreneurial firm. His research has been funded by the MacArthur Foundation, the Kaufman Foundation, U.S. Trust of Boston, and Wells Fargo Bank.

To help professional and amateur financial analysts be proactive rather than follow prescribed formulas, Merrill Lynch manager and Institutional Investor researcher Fridson and Alvarez (entrepreneurial studies, New York U.) provide a timely discussion of how to read between the lines of financial reporting that they explain is adversarial by nature. They then cover the basic financial statements, and scrutinize profits in a business environment in which fudging the numbers is all too common. Chapters include review questions. Also includes a glossary of terms. Dates are not given for previous editions. Annotation c. Book News, Inc., Portland, OR

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To help professional and amateur financial analysts be proactive rather than follow prescribed formulas, Merrill Lynch manager and researcher Fridson and Alvarez (entrepreneurial studies, New York U.) provide a timely discussion of how to read between the lines of financial reporting that they explain is adversarial by nature. They then cover the basic financial statements, and scrutinize profits in a business environment in which fudging the numbers is all too common. Chapters include review questions. Also includes a glossary of terms. Dates are not given for previous editions. Annotation c. Book News, Inc., Portland, OR (booknews.com)