International Financial Statement Analysis

Techniques4 Common Ratios Used in Financial Analysis5 Equity Analysis6 Credit Analysis7 Business and Geographic Segments8 Model Building and Forecasting9 SummaryReferencesProblemsChapter 8 Financial Statement Analysis: ApplicationsLearning Outcomes1 Introduction2 Application: Evaluating Past Financial Performance3 Application: Projecting Future Financial Performance4 Application: Assessing Credit Risk5 Application: Screening for Potential Equity Investments6 Analyst Adjustments to Reported Financials7 SummaryReferencesProblemsChapter 9 InventoriesLearning Outcomes1 Introduction2 Cost of Inventories3 Inventory Valuation Methods4 The LIFO Method5 Inventory Method Changes6 Inventory Adjustments7 Evaluation of Inventory Management8 SummaryProblemsChapter 10 Long-Lived AssetsLearning Outcomes1 Introduction2 Acquisition of Long-Lived Assets3 Depreciation and Amortisation of Long-Lived Assets4 The Revaluation Model5 Impairment of Assets6 Derecognition7 Presentation and Disclosures8 Investment Property9 LeasingSummaryProblemsChapter 11 Income TaxesLearning Outcomes1 Introduction2 Differences between Accounting Profit and Taxable Income3 Determining the Tax Base of Assets and Liabilities4 Temporary and Permanent Differences between Taxable and Accounting Profit5 Unused Tax Losses and Tax Credits6 Recognition and Measurement of Current and Deferred Tax7 Presentation and Disclosure8 Comparison of IFRS and U.S. GAAPSummaryProblemsChapter 12 Non-Current (Long-Term) LiabilitiesLearning Outcomes1 Introduction2 Bonds Payable3 Leases4 Introduction to Pensions and Other Post-Employment Benefits5 Evaluating Solvency: Leverage and Coverage Ratios6 SummaryProblemsChapter 13 Employee Compensation: Post-Employment and Share-BasedLearning Outcomes1 Introduction2 Pensions and Other Post-Employment Benefits3 Share-Based Compensation4 SummaryReferencesProblemsChapter 14 Intercorporate InvestmentsLearning Outcomes1 Introduction2 Basic Corporate Investment Categories3 Investments in Financial Assets4 Investments in Associates5 Joint Ventures6 Business Combinations7 Variable Interest and Special Purpose Entities8 SummaryProblemsChapter 15 Multinational OperationsLearning Outcomes1 Introduction2 Foreign Currency Transactions3 Translation of Foreign Currency Financial StatementsSummaryProblemsChapter 16 Evaluating Financial Reporting QualityLearning Outcomes1 Introduction2 Discretion in Accounting Systems3 Financial Reporting Quality: Definitions, Issues, and Aggregate Measures4 A Framework for Identifying Low-Quality Financial Reporting5 The Implications of Fair Value Reporting for Financial Reporting Quality: A Brief Discussion6 SummaryProblemsChapter 17 Integration of Financial Statement Analysis TechniquesLearning Outcomes1 Introduction2 Case Study 1: Long-term equity investment3 Case Study 2: Off-Balance Sheet Leverage From Operating Leases4 Case Study 3: Anticipating Effects Of Changes in Accounting Standards5 SummaryProblemsGlossaryReferencesAbout the AuthorsAbout the CFA ProgramIndex