A look at the changes to financial statement analysis over the last five years

Pamela Peterson and Frank Fabozzi team up once again to tackle the changing world of financial statement analysis. This fully revised and up-to-date Second Edition includes valuable information on topics such as: relating financial statement analysis to valuation; the effects of Sarbanes-Oxley; revenue recognition; distinguishing pro-forma from GAAP; and expanding on different earnings amounts. Analysis of Financial Statements, Second Edition also contains in-depth examinations of today’s most important ratios and how they are used; what earnings and P/E ratios are all about; and what cash flow statements really reveal. Filled with proven techniques backed by illustrative examples, this book will help readers uncover the true state of a company’s financial well-being.

Pamela P. Peterson, PhD, CFA (Port St. Lucie , FL), is an Associate Dean and Professor of Finance at Florida Atlantic University. Frank J. Fabozzi, PhD, CFA, CPA (New Hope, PA), is the Frederick Frank Adjunct Professor of Finance at Yale University’s School of Management, the Editor of the Journal of Portfolio Management, and a consultant