Financial Reporting, Financial Statement Analysis and Valuation

1: Overview of Financial Reporting, Financial Statement Analysis, and Valuation. 2: Asset and Liability Valuation and Income Recognition 3. Income Flows versus Cash Flows: Understanding the Statement of Cash Flows 4: Profitability Analysis. 5: Risk Analysis. 6. Financing Activities. 7: Investing Activities. 8: Operating Activities. 9: Accounting Quality. 10: Forecasting Financial Statements. 11: Risk-Adjusted Expected Rates of Return and the Dividends Valuation Approach. 12: Valuation: Cash-Flow-Based Approaches. 13: Valuation: Earnings-Based Approaches. 14: Valuation: Market-Based Approaches. Appendix A: Financial Statements and Notes for PepsiCo, Inc. and Subsidiaries Appendix B: Management's Discussion and Analysis for PepsiCo, Inc. and Subsidiaries Appendix C: Financial Statement Analysis Package (FSAP). Appendix D: Financial Statement Ratios: Descriptive Statistics by Industry and by Year. Index.

Wahlen, James
James M. Wahlen is the James R. Hodge Chair, Professor of Accounting, Chair of the Accounting Department and the former Chairman of the MBA Program at the Kelley School of Business at Indiana University. He received his Ph.D. from the University of Michigan and has served on the faculties of the University of Chicago, University of North Carolina at Chapel Hill, INSEAD, the University of Washington and Pacific Lutheran University. Dr. Wahlen's teaching and research interests focus on financial accounting, financial statement analysis and the capital markets. His research investigates earnings quality and earnings management, earnings volatility as an indicator of risk, fair value accounting for financial instruments, accounting for loss reserve estimates by banks and insurers, stock market efficiency with respect to accounting information and testing the extent to which future stock returns can be predicted with earnings and other financial statement information. His research has been published in a wide array of academic and practitioner journals in accounting and finance. He has had public accounting experience in both Milwaukee and Seattle and is a member of the American Accounting Association. He has received numerous teaching awards during his career. In his free time Dr. Wahlen loves spending time with his wife and daughters; spoiling his incredibly adorable granddaughter, Ailsa; outdoor sports (biking, hiking, skiing, golf); cooking (and, of course, eating); and listening to rock music (especially if it is loud and live).