Financial Analysis: Third Edition

Author: Steven Bragg


Book Description
Nearly every business decision calls for a clear understanding of the underlying numbers. A manager needs this information to understand how well a business unit is performing, whether a new venture can achieve a reasonable profit, how much debt to take on, and so forth. Financial Analysis can assist with these decisions by focusing on the key indicators in a business that will drive its future performance. It does so by describing how to extract meaningful information from financial statements. It also delves into a number of analyses that are linked to specific business decisions, such as price optimization, constraint management, and credit granting. Another area addressed is financing, where the book covers financial leverage, capital structure, and foreign exchange risk. Other topics include financial forecasting, discounted cash flow analysis, and the valuation of acquisitions. In short, Financial Analysis is the essential desk reference for anyone who wants to make better-informed decisions. [332 pages]

Table of Contents

Part I - Introduction
Chapter 1. Overview of Financial Analysis

Part II - Financial Statement Analysis
Chapter 2. The Financial Statements
Chapter 3. Accounting Issues Impacting the Financials
Chapter 4. The Interpretation of Financial Statements
Chapter 5. Cost-Volume-Profit Analysis

Part III - Operational Analysis
Chapter 6. Pricing Decisions
Chapter 7. Cost Object Analysis
Chapter 8. Constraint Analysis
Chapter 9. Credit Decisions 

Part IV - Financial Analysis
Chapter 10. Financing Choices
Chapter 11. Financial Leverage
Chapter 12. Capital Structure Analysis
Chapter 13. Dividend Analysis
Chapter 14. Foreign Exchange Risk Analysis
Chapter 15. Interest Rate Risk Analysis

Part V - Forecasting
Chapter 16. Financial Forecasting
Chapter 17. Managing the Rate of Growth

Part VI - Investment Analysis
Chapter 18. The Cost of Capital
Chapter 19. Discounted Cash Flow Techniques
Chapter 20. Capital Budgeting
Chapter 21. The Lease or Buy Decision

Part VII. Other Topics
Chapter 22. Acquisition Valuation
Chapter 23. The Enhancement of Shareholder Value