TAILIEUCHUNG - Business Analysis and Valuation

The purpose of this chapter is to outline a comprehensive framework for financial statement analysis. Because financial statements provide the most widely available data on public corporations’ economic activities, investors and other stakeholders rely on financial reports to assess the plans and performance of firms and corporate managers. A variety of questions can be addressed by business analysis using financial statements, as shown in the following examples: • A security analyst may be interested in asking: “How well is the firm I am following performing?. | A Framework for Business Analysis and Valuation Using Financial Statements . he purpose of this chapter is to outline a comprehensive framework for financial statement analysis. Because financial statements provide the most widely available data on public corporations economic activities investors and other stakeholders rely on financial reports to assess the plans and performance of firms and corporate managers. A variety of questions can be addressed by business analysis using financial statements as shown in the following examples A security analyst may be interested in asking How well is the firm I am following performing Did the firm meet my performance expectations If not why not What is the value of the firm s stock given my assessment of the firm s current and future performance A loan officer may need to ask What is the credit risk involved in lending a certain amount of money to this firm How well is the firm managing its liquidity and solvency What is the firm s business risk What is the additional risk created by the firm s financing and dividend policies A management consultant might ask What is the structure of the industry in which the firm is operating What are the strategies pursued by various players in the industry What is the relative performance of different firms in the industry A corporate manager may ask Is my firm properly valued by investors Is our investor communication program adequate to facilitate this process A corporate manager could ask Is this firm a potential takeover target How much value can be added if we acquire this firm How can we finance the acquisition An independent auditor would want to ask Are the accounting policies and accrual estimates in this company s financial statements consistent with my understanding of this business and its recent performance Do these financial reports communicate the current status and significant risks of the business Financial statement analysis is a valuable activity when managers have .

• Tài chính doanh nghiệp
• Business Analysis
• Valuation
• financial
• creditworthiness
• financial statement
• European accounting
• Business analysis professional
• Strategy Analysis
• Requirements Analysis
• Requirements Life Cycle Management
• Business Analysis Planning
• Designing business plan
• Lecture Designing business plan
• Screening business ideas
• Conducting feasibility analysis
• Business idea come from
• Business ideas
• Business research
• Business research methods
• Lecture Business research methods
• Analysis of data
• Business decisions
• Business intelligence
• Technical Analysis
• Yulianto
• busines
• business document
• business ebook
• business specific study
• Perishables analysis
• Breakeven analysis
• Business math procedures
• Lecture Practical business math procedures
• Business math
• Toán kinh tế
• Math procedures
• The impact of organizational factors on e business adoption
• An empirical analysis
• E business adoption
• Less internally focused
• E business development
• The infrastructure of information and communications technologies
• Practical business
• Practical business math procedures
• Markup based on cost
• Accounting undergraduate honors theses Wynnes boating manufacturing company
• Market analysis and business plan for northwest Arkansas
• Market analysis and business plan
• Manufacturing of duck hunting boats
• Presentation Business level
• Business level
• Corporate level strategy analysis
• Summary of SWOT
• Babok v3 a guide
• Business analysis body of knowledge
• Design definition
• Ebook Business analytics
• Business analytics
• Data analysis
• Decision making
• Monte carlo simulation
• Risk analysis
• Linear optimization
• Research process
• Ethics in business research
• Power system analysis
• Formal business reports
• Business presentations
• Business plans
• Sales messages
• Informal business reports
• Describing data statistically
• Examining data
• Exploratory data analysis
• Ebook Business information systems
• Business information systems
• Business data processing
• Information storage
• Retrieval systems
• Management information systems
• System design
• System analysis
• Statistics for business
• Analysis of variance
• Nonparametric statistics
• Additional topics
• Regression analysis
• Multiple variable regression analysis
• Two variable regression analysis
• Marketing Plan
• business plan
• market analysis
• marketing strategy
• tactical program
• financial analysis
• rtup business
• Study text
• Strategic position
• Strategic choices
• Organising and enabling success
• Business process change
• Business data communications
• Data communications
• Network analysis
• Network development life cycle
• Analysis phase
• Accounting for business
• Lecture Accounting for business
• Financial statements
• Calculating ratios
• Financial statement analysis
• Liquidity ratios
• Capital investment analysis
• Capital investment decisions
• Non discounting models
• Calculation of discounting models