100,000+ Books, Games & Puzzles in-stock πŸ‡³πŸ‡Ώ

Overnight NZ-wide delivery on in-stock orders πŸš€

Financial Statement Analysis

A Practitioner's Guide
Series: Wiley Finance
4.13 goodreads logo

Ratings/reviews counts are updated frequently.

Check link for latest rating.
( 388 ratings, 19 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Financial Statement Analysis by Fernando Alvarez and Martin S. Fridson is a comprehensive guide that delves into the techniques used to assess the financial health of companies. The book explores how to interpret financial statements systematically, with a focus on understanding and applying key financial metrics and ratios. Geared towards both professionals and students, it offers insights into evaluating earnings quality, predicting financial distress, and analysing cash flow.
Read More
Format: Hardback
$17199
AVAILABLE WITH SUPPLIER Ships from our Auckland warehouse within 3-4 weeks

Found a better price? Request a price match

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you are keen on understanding the intricacies of finance and investment through detailed exploration of financial statement analysis. It offers insights that can benefit both beginners looking to grasp fundamental concepts and seasoned professionals aiming to refine their analytical skills in evaluating company performance.

Book Hero thinking about your next read

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description
The updated, real-world guide to interpreting and unpacking GAAP and non-GAAP financial statements

In Financial Statement Analysis, 5th Edition, leading investment authority Martin Fridson returns with Fernando Alvarez to provide the analytical framework you need to scrutinize financial statements, whether you're evaluating a company's stock price or determining valuations for a merger or acquisition. Rather than taking financial statements at face value, you'll learn practical and straightforward analytical techniques for uncovering the reality behind the numbers.

This fully revised and up-to-date 5th Edition offers fresh information that will help you to evaluate financial statements in today's volatile markets and uncertain economy. The declining connection between GAAP earnings and stock prices has introduced a need to discriminate between instructive and misleading non-GAAP alternatives. This book integrates the alternatives and provides guidance on understanding the extent to which non-GAAP reports, particularly from US companies, may be biased.

Understanding financial statements is an essential skill for business professionals and investors. Most books on the subject proceed from the questionable premise that companies' objective is to present a true picture of their financial condition. A safer assumption is that they seek to minimize the cost of raising capital by portraying themselves in the most favourable light possible. Financial Statement Analysis teaches readers the tricks that companies use to mislead, so readers can more clearly interpret statements.

  • Learn how to read and understand financial statements prepared according to GAAP and non-GAAP standards
  • Compare CFROI, EVA, Valens, and other non-GAAP methodologies to determine how accurate companies' reports are
  • Improve your business decision making, stock valuations, or merger and acquisition strategy
  • Develop the essential skill of quickly and accurately gathering and assessing information from financial statements of all types

Professional analysts, investors, and students will gain valuable knowledge from this updated edition of the popular guide. Filled with real-life examples and expert advice, Financial Statement Analysis, 5th Edition, will help you interpret and unpack financial statements.

Series: Wiley Finance

View all
  • Applied Mergers and Acquisitions, University Edition
    "A well written and comprehensive journey into M&A...an essential reference for any M&A practitioner...this isn't just a book about great thoughts and process, but rather how to turn insight into deals, and deals into lasting value." --From the Foreword by Joseph R. Perella, Chairman, Institutional Securities and Investment Banking Group, Morgan Stanley "Bob Bruner's Applied Mergers and Acquisitions is a...
    Paperback
    $18099
    Available
    Ships in 3-4 weeks
  • Financial Data Analytics with Machine Learning, Optimization and Statistics
    An essential introduction to data analytics and Machine Learning techniques in the business sector In Financial Data Analytics with Machine Learning, Optimization and Statistics, a team consisting of a distinguished applied mathematician and statistician, experienced actuarial professionals, and working data analysts delivers an expertly balanced combination of traditional financial statistics, effective machine learning tools, and mathematics. The book focuses on...
    Hardback
    $11999
    Available
    Ships in 3-4 weeks
  • Financial Management
    A comprehensive and insightful approach enabling finance managers to contribute to business performance and valuation In Financial Management: Partner in Driving Performance and Value, experienced financial executive and consultant Jack Alexander delivers a fresh, new take on improving performance and creating shareholder value for CFOs, controllers, C-suite executives, and FP&A professionals. In the book, you’ll learn about best practices in...
    Hardback
    $16199
    Available
    Ships in 3-4 weeks
  • Mergers & Acquisitions Integration Handbook, + Website
    Proven strategies and tactics to manage the integration of acquired and/or merged companies Mergers & Acquisitions Integration Handbook is a comprehensive resource to help companies create a scalable post-merger or acquisition integration process and framework that accelerates operating and business benefit goal realization. Includes tools, templates, forms, examples, and checklists to provide a no-nonsense β€œhandbook” style approach to managing an...
    Hardback
    $18099
    Available
    Ships in 3-4 weeks
  • The Price Advantage
    A comprehensive look at creating pricing strategies that work in both good economic times and bad. Written by three preeminent pricing experts at McKinsey & Company, the Second Edition of The Price Advantage is a practical pricing guide for the executive or pricing practitioner who wants to identify, capture, and sustain substantial pricing gains in their business. Pricing is by...
    Hardback
    $15999
    Available
    Ships in 3-4 weeks
  • Quantitative Momentum
    The individual investor's comprehensive guide to momentum investing Quantitative Momentum brings momentum investing out of Wall Street and into the hands of individual investors. In his last book, Quantitative Value, author Wes Gray brought systematic value strategy from the hedge funds to the masses; in this book, he does the same for momentum investing, the system that has been shown...
    Paperback
    $4199
    Available
    Ships in 3-4 weeks
  • Active Value Investing
    A strategy to profit when markets are range boundβ€”which is half of the time. One of the most significant challenges facing today’s active investor is how to make money during times when markets are going nowhere. Bookshelves are groaning under the weight of titles written on investment strategy in bull markets, but there is little guidance on how to invest...
    Hardback
    $11099
    Available
    Ships in 3-4 weeks
  • Beyond Candlesticks
    From the "Father of Candlesticks" - penetrating new Japanese techniques for forecasting and tracking market prices and improving market timing, Steve Nison has done it again. The man who revolutionised technical analysis by introducing Japanese candlestick charting techniques to Western traders is back – this time with a quartet of powerful Japanese techniques never before published or used in the...
    Hardback
    $19999
    Available
    Ships in 3-4 weeks
  • BlackRock's Guide to Fixed-Income Risk Management
    An irreplaceable roadmap to modern risk management from renowned experts on the subject Edited by a co-founder and the former Chief Risk Officer of BlackRockβ€”the world’s largest asset managerβ€”BlackRock’s Guide to Fixed-Income Risk Management delivers an insightful blueprint to the implementation of a comprehensive investment risk management framework for buy-side firms. Leveraging the unprecedented academic and professional experience of current...
    Hardback
    $18099
    Available
    Ships in 3-4 weeks
  • Contemporary Finance
    A clear new finance textbook that explains essential models and practices, and how the financial world works now Contemporary Finance is an ideal introduction to finance for professionals and students. It covers the basic finance theory required to understand the contemporary financial world and builds on it to present finance in a detailed yet comprehensible way. It explains markets and...
    Hardback
    $18099
    Available
    Ships in 3-4 weeks
  • Damodaran on Valuation
    "Aswath Damodaran is simply the best valuation teacher around. If you are interested in the theory or practice of valuation, you should have Damodaran on Valuation on your bookshelf. You can bet that I do." -- Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management and author of More Than You Know: Finding Financial Wisdom in Unconventional Places In...
    Hardback
    $18099
    Available
    Ships in 3-4 weeks
  • Dynamic Hedging
    Dynamic Hedging is the definitive source on derivatives risk. It provides a real-world methodology for managing portfolios containing any nonlinear security. It presents risks from the vantage point of the option market maker and arbitrage operator. The only book about derivatives risk written by an experienced trader with theoretical training, it remoulds option theory to fit the practitioner's environment. As...
    Hardback
    $25599
    Available
    Ships in 3-4 weeks

Book Details

INFORMATION

ISBN: 9781119457145

Publisher: John Wiley & Sons Inc

Format: Hardback

Date Published: 19 May 2022

Country: United States

Imprint: John Wiley & Sons Inc

Edition: 5th edition

Audience: Professional and scholarly

DIMENSIONS

Spine width: 41.0mm

Width: 163.0mm

Height: 231.0mm

Weight: 635g

Pages: 448

About the Author

MARTIN S. FRIDSON is Chief Investment Officer at Lehmann Livian Fridson Advisors, a New York-based investment management firm founded on fundamental security analysis. He is past President of the Fixed Income Analysts Society.

FERNANDO ALVAREZ has been a faculty member at Babson College, Rutgers University School of Business, NYU-Stern, and Columbia Business School. His research interests include the interaction of strategy, financial statement analysis, valuation models, and stock market reactions to business decisions.

Also by Fernando Alvarez

View all
  • Financial Statement Analysis Workbook
    The helpful workbook to help practice assessing financial statements Financial statement analysis is essential as part of any well-organised financial portfolio. As a companion piece, Financial Statement Analysis Workbook: A Practitioner's Guide allows readers the opportunity to test and hone the skills put forward in Martin Fridson and Fernando Alvarez's Financial Statement Analysis, a resource devoted to providing the analytical...
    Paperback
    Sold Out

Also by Martin S. Fridson

View all
  • The Little Book of Picking Top Stocks
    How well does it pay to own the Standard & Poor’s 500 Index’s best-performing stock of the year? Over the 2012-2021 period, the one-year total return ranged from 80% to 743%. This book identifies the quantitative and qualitative traits of stocks that made it to #1 and tells the stories of how they got there. A key indicator, the Fridson-Lee...
    Hardback
    $5299
    Available
    Ships in 3-4 weeks
  • Corporate Finance Workbook
    The workbook to accompany Corporate Finance: A Practical Approach, Second Edition
    Paperback
    $8999
    Available
    Ships in 3-4 weeks
  • Financial Statement Analysis Workbook
    The helpful workbook to help practice assessing financial statements Financial statement analysis is essential as part of any well-organised financial portfolio. As a companion piece, Financial Statement Analysis Workbook: A Practitioner's Guide allows readers the opportunity to test and hone the skills put forward in Martin Fridson and Fernando Alvarez's Financial Statement Analysis, a resource devoted to providing the analytical...
    Paperback
    Sold Out

More from Finance & Investment

View all
  • Staff Pick
    I Will Teach You To Be Rich (2nd Edition)
    I Will Teach You To Be Rich (2nd Edition) by Ramit Sethi is a highly practical and insightful guide that offers a comprehensive 6-week programme for mastering your personal finances. Ramit Sethi, an acclaimed financial guru, provides readers with a clear and actionable plan to manage money, eliminate debt, enhance savings, and make smart investments, all without skimping on the...
    Paperback
    $3200
    Elsewhere:
    $3799
    In Stock
    Ships today
  • Rich Dad Poor Dad
    It's been nearly 25 years since Robert Kiyosaki's Rich Dad Poor Dad first made waves in the Personal Finance arena. It has since become the #1 Personal Finance book of all time, translated into dozens of languages and sold around the world. Rich Dad Poor Dad is Robert's story of growing up with two dads - his real father and...
    Paperback
    $1700
    Elsewhere:
    $1999
    (2)
    In Stock
    Ships today
  • The Algebra of Wealth
    Must-have guide to optimising your life for wealth and success from bestselling author of The Four by Scott Galloway. 'You need this book.' Steven Bartlett, author of The Diary of a CEO The world is changing. It's time for a new financial playbook. In this must-have guide to optimising your life for wealth, success, and happiness, you'll learn: how to...
    Paperback
    $3300
    Elsewhere:
    $4000
    In Stock
    Ships today
  • Same as Ever
    When planning for the future, we often ask, "What will the economy be doing this time next year?" Or, "What will be different ten years from now?" But forecasting is hard. The important events that will shape the future are inherently unpredictable. Instead, we should be asking a different question: What will be the same ten years from now? What...
    Paperback
    $2799
    Elsewhere:
    $3499
    In Stock
    Ships today
  • The Richest Man In Babylon
    The Richest Man in Babylon by George S. Clason is an extraordinary collection of timeless parables set in the ancient city of Babylon. Through a series of insightful and captivating stories, the book conveys powerful principles of financial wisdom, making complex concepts accessible to readers of all backgrounds. These parables follow the lives of merchants, tradesmen, and shepherds who must...
    Paperback
    $2200
    Elsewhere:
    $2600
    In Stock
    Ships today
  • The Millionaire Fastlane
    In The Millionaire Fastlane, author MJ DeMarco invites readers to shift gears from the conventional approach to wealth accumulation to a more dynamic pathway that promises not only financial independence but also personal freedom. This revolutionary guide challenges the dogma of the "Slowlane," which champions a lifetime of frugal living and labour in the hopes of achieving wealth in the...
    Paperback
    $5300
    In Stock
    Ships today
  • Money
    Money by David McWilliams delves deep into the fascinating and complex world of currency, offering readers an insightful and enthralling journey through the history and impact of money on human civilisation. Whether you are a seasoned economist or simply curious about the financial world, McWilliams' exploration provides a captivating narrative that is both enlightening and entertaining. Our relationship with money...
    Paperback
    $3700
    Elsewhere:
    $4299
    (1)
    In Stock
    Ships today
  • Skin in the Game
    In Skin in the Game, Nassim Nicholas Taleb delves into the principle that what one risks is a true measure of what one stands to gain. From the dynamics of global economies to the intricacies of personal relationships, Taleb reveals that real understanding and progress come from those who have something vital at stake. Through gripping anecdotes and profound insights,...
    Paperback
    $2400
    Elsewhere:
    $2800
    In Stock
    Ships today
  • Unshakeable
    Unshakeable by Tony Robbins and Peter Mallouk is a pivotal guide that offers investors, both seasoned and novice, actionable strategies to not just weather market fluctuations but to thrive amidst them. Building upon the foundational principles laid out in Robbins' acclaimed work Money: Master the Game, this book delves deeper into the intricacies of successful investing, presenting readers with a...
    Paperback
    $2600
    Elsewhere:
    $2799
    In Stock
    Ships today
  • What I Learned Losing a Million Dollars
    What I Learned Losing a Million Dollars is more than just an exploration of financial markets; it is a profound journey into the psychological intricacies of decision-making under pressure. Presented through the gripping and candid narrative of Jim Paul, a once-successful trader, the book delves into the sequence of events that led to his extraordinary rise and dramatic fall. Starting...
    Hardback
    $5299
    In Stock
    Ships today
  • The Price of Time
    The Price of Time by Edward Chancellor delves into the intricate history and pivotal role of interest rates in financial systems, providing a lucid analysis of the forces that shape our global economy. Chancellor, acclaimed as one of the world's foremost financial writers, traces the origins of interest from ancient times to the present day, illustrating how this fundamental economic...
    Hardback
    $6500
    In Stock
    Ships today
  • The Alchemy of Finance
    In The Alchemy of Finance, George Soros unveils the secrets behind his formidable success as one of the most astute and influential investors in the financial world. Renowned for his incredible feat of earning a billion dollars by speculating against the British pound, Soros offers a profound exploration into his innovative investment strategies, which have been instrumental in shaping global...
    Paperback
    $5800
    Available
    Ships in 3-4 weeks

Why buy from us?

Book Hero is not a chain store or big box retailer. We're an independent 100% NZ-owned business on a mission to help more Kiwis rediscover a love of books and reading!

Service & Delivery

Service & Delivery

Our warehouse in Auckland holds over 100,000 books, toys, board games and puzzles in-stock so you're not waiting for your order to arrive from overseas.

Auckland Bookstore

Auckland Bookstore

We're primarily an online store, but for your convenience you can pick up your order for free from our bookstore, which is right next door to our warehouse in Hobsonville.

Our Gifting Service

Our Gifting Service

Books make wonderful thoughtful gifts and we're here to help with gift-wrapping and cards. We can even send your gift directly to your loved one.