The new edition of Business Analysis and Valuation builds on the strong
success of the first IFRS edition, providing students with the knowledge of how to use
financial statement information to assess a firm's financial performance, value, and
creditworthiness.
The text is primarily aimed at Masters and upper-level undergraduate programs
in business and builds a bridge between accounting and finance, therefore making it
accessible to both finance and accounting students. The distinctive strengths of this text
include a large number of real-world cases used to illustrate theory; the step-by-step
analysis methodology, and the extensive discussion of strategy analysis.
The presentation of material is based on business analysis before financial
analysis, which ensures that financial analysis is approached in a real-world manner and
is driven by strategy.
The pedagogy is geared toward helping students to develop strong practical
skills using current applications and supported by the extra interactive material on the
companion website. This new edition retains some of the most popular Harvard cases from
the previous edition alongside new Harvard cases and a range of long and short cases on
European and international companies written by the adapting author, Erik Peek.
PART ONE: FRAMEWORK
1. A FRAMEWORK FOR BUSINESS ANALYSIS USING FINANCIAL STATEMENTS
PART TWO: BUSINESS ANALYSIS AND VALUATION TOOLS
2. STRATEGY ANALYSIS
3. OVERVIEW OF ACCOUNTING ANALYSIS
4. IMPLEMENTING ACCOUNTING ANALYSIS
5. FINANCIAL ANALYSIS
6. PROSPECTIVE ANALYSIS: FORECASTING
7. PROSPECTIVE ANALYSIS: VALUATION THEORY AND CONCEPTS
8. PROSPECTIVE ANALYSIS: VALUATION IMPLEMENTATION
PART THREE: BUSINESS ANALYSIS AND VALUATIONS APPLICATIONS
9. EQUITY SECURITY ANALYSIS
10. CREDT ANALYSIS AND DISSTRESS PREDICTION
11. MERGERS AND ACQUISITIONS
12. COMMUNICATION AND GOVERNANCE
784 pages, Paperback