Financial Reporting, Financial Statement Analysis and Valuation

This comprehensive guide teaches financial statement analysis through real company examples, emphasizing a six-step process. It integrates concepts from various fields and includes digital resources for efficient analysis and valuation.

Financial Reporting, Financial Statement Analysis and Valuation by Wahlen, Baginski, and Bradshaw offers a thorough exploration of financial statement analysis through the examination of real-world financial statements. This tenth edition presents a balanced and comprehensive approach that incorporates the latest developments in accounting standards, financial analysis, and valuation techniques. Readers will engage with a structured six-step process that integrates concepts from economics, business strategy, finance, and accounting, facilitating a deeper understanding of financial analysis.

The book is designed to reinforce learning through Quick Checks that follow each section, highlighting essential insights and helping readers retain key concepts. Each chapter features a continuing example from The Clorox Company, allowing readers to apply the analysis and valuation steps directly to actual financial statements. This practical approach not only enhances comprehension but also demonstrates the relevance of theoretical concepts in real business contexts.

Additionally, the text includes a variety of examples, problems, and cases, culminating in a continuing end-of-chapter case study focusing on Walmart. To further support the learning experience, MindTap digital resources and an updated Financial Statements Analysis Package (FSAP) are provided, featuring an Excel® model that streamlines the analysis, forecasting, and valuation processes. Overall, this book serves as a valuable resource for those looking to develop their skills in financial statement analysis and valuation in a practical, engaging manner.