Selling-Price Estimates in Revenue Recognition and Earnings Informativeness

Download Selling-Price Estimates in Revenue Recognition and Earnings Informativeness PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!


Book Synopsis Selling-Price Estimates in Revenue Recognition and Earnings Informativeness by : Anup Srivastava

Download or read book Selling-Price Estimates in Revenue Recognition and Earnings Informativeness written by Anup Srivastava and published by . This book was released on 2013 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revenue is one of the largest and most value-relevant items in firms' financial statements. Based on the ldquo;realizablerdquo; and the ldquo;earnedrdquo; criteria of SFAC No. 5 (FASB 1984), revenues should reflect both selling price and timing of delivery. Of those two aspects, selling-price estimates are required for revenue recognition when standalone selling prices for products and services are not available. In this study, I examine the effects of such selling-price estimates on the contracting and informational roles of financial statements. Particularly, I examine the setting of SOP 97-2 (AICPA 1997), which removed software firms' flexibility to recognize revenues using selling-price estimates. I find that the extent to which firms use revenue accruals to manage earnings declined after SOP 97-2 was implemented. Yet, the overall frequency of earnings management did not decline, indicating that firms shift to alternative modes of earnings management when constrained from using revenue estimates to manage earnings. In addition, I find that the value relevant information contained in earnings declined post-SOP 97-2 implementation. Yet, this information was not entirely lost from financial statements, because the deferred-revenue accounts now contain more value-relevant information than before, and a firm's topline performance is now better ascertained by analyzing both revenue and deferred-revenue accounts. This study shows that SOP 97-2 implementation did not improve the contracting role of earnings; however, its implementation partly shifted the informational role of financial statements from income-statement to balance-sheet components.

Financial Statement Analysis

Download Financial Statement Analysis PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118064208
Total Pages : 403 pages
Book Rating : 4.1/5 (18 download)

DOWNLOAD NOW!


Book Synopsis Financial Statement Analysis by : Martin S. Fridson

Download or read book Financial Statement Analysis written by Martin S. Fridson and published by John Wiley & Sons. This book was released on 2011-06-01 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 favorable 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.

Welcoming the New Revenue Recognition Standard

Download Welcoming the New Revenue Recognition Standard PDF Online Free

Author :
Publisher : Independently Published
ISBN 13 : 9781983132131
Total Pages : 170 pages
Book Rating : 4.1/5 (321 download)

DOWNLOAD NOW!


Book Synopsis Welcoming the New Revenue Recognition Standard by : C. A. Ambalika Singh

Download or read book Welcoming the New Revenue Recognition Standard written by C. A. Ambalika Singh and published by Independently Published. This book was released on 2018-06-17 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New Revenue Recognition Standard is a joint bold move made by both the FASB and the IASB to give top-lines of companies, across industries, a common denominator. It is a ground-breaking shift from the fair value measure of vendor specific objective evidence ('VSOE') to measure revenue, to one which takes into account what consideration the entity really expects to be entitled to receive from the contract with a 'customer'. Collaborative arrangements would come under the scanner as the collaborator may not be acting as a 'customer'. Moreover, the terms 'client' and 'customer' would no longer be fungible.ASC 606 provides guidance that will apply to all entities, including non-public entities that previously did not have extensive guidance. IFRS differs in this respect as IFRS for Small and Medium-sized Entities is available for entities that do not have public accountability.The new standard broadens the definition of revenue to include newer concepts like costs to obtain and fulfil a contract, material rights and gain and loss from sale of non-financial assets. The revenue is recognised upon control transfer rather than on delivery/ transfer of risks and rewards and the standard introduces the concept of 'control transferred at a point in time' and 'control transferred over time'. The standard requires management to increase exercise of judgment and estimate variable consideration, after applying constraints. The hierarchy for estimating stand-alone selling prices has been done away with. Allocation of discounts and assessing collectability may undergo a change as the two would be analysed at the worm's eye view level of the performance obligation and not at the bird's eye view level of the contract. Early in 2017, we saw ASU 2017-01 and ASU 2017-05 narrowing the definition of 'business' and defining an 'In Substance Non financial asset', respectively. The new definition of business disqualifies a set as a business when all or substantially all of the fair value of the gross assets (acquired or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets- think early stage life sciences companies, real estate and shipping companies. Further the new definition of business requires an input and a substantive process that together significantly contribute to the ability to create output- all of which should be acquired and evaluation of whether a market participant is able to replace the missing elements has been done away with. Further cost savings would not qualify as an output, which would be aligned with outputs described in ASC 606. The overall assessment of a business however still continues to be done from a market participant's angle and the buyer's and seller's intentions do not affect the analysis- same as today, except that the requirement of assessing whether a market participant would be able to replace missing elements has been done away with. These two ASUs impact the new revenue recognition standard from the point of view of a sale of non-financial assets to a customer- where the interest in an entity does not fall under the new definition of business but within the definition of essentially a non-financial asset.The new revenue recognition standard affects more than just revenue and impacts the business processes and results in dual SOX testing during the transition phase. With sufficient training, discussion and planning, all managements will be able to do the 'heavy lifting'.

Understanding Business Valuation

Download Understanding Business Valuation PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119483646
Total Pages : 1253 pages
Book Rating : 4.1/5 (194 download)

DOWNLOAD NOW!


Book Synopsis Understanding Business Valuation by : Gary R. Trugman

Download or read book Understanding Business Valuation written by Gary R. Trugman and published by John Wiley & Sons. This book was released on 2018-01-08 with total page 1253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fifth edition simplifies a technical and complex area of practice with real-world experience and examples. Expert author Gary Trugman's informal, easy-to-read style, covers all the bases in the various valuation approaches, methods, and techniques. Author note boxes throughout the publication draw on Trugman's veteran, practical experience to identify critical points in the content. Suitable for all experience levels, you will find valuable information that will improve and fine-tune your everyday activities.

Valuation Based on Earnings

Download Valuation Based on Earnings PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118026454
Total Pages : 581 pages
Book Rating : 4.1/5 (18 download)

DOWNLOAD NOW!


Book Synopsis Valuation Based on Earnings by : Robert A. G. Monks

Download or read book Valuation Based on Earnings written by Robert A. G. Monks and published by John Wiley & Sons. This book was released on 2011-04-27 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Valuation for Portfolio Investment "The valuation of securities . . . is as big a subject as they come, running in multi?-dimensions from qualitative to psychological, from static todynamic, from one dominant measure to a complex soup, and using measures that range from those that are internal to the observer to those determined bythe markets. In Corporate Valuation for Portfolio Investment, Bob andhis worthy coauthor cover the full range of valuation methods." From the Foreword by Dean LeBaron Corporate valuation for portfolio investment means determining the present value of future worth. While this may sound like a straightforward task, in reality, it takes time and hard-earned experience to effectively perform this essential financial function. Robert Monks and Alexandra Lajoux understand the difficulty of this endeavor. That's why they have created Corporate Valuation for Portfolio Investment. Filled with in-depth insights and expert advice, this reliable guide addresses the many facets of valuation and reveals what it takes to determine the value of corporate equity securities for the purpose of portfolio investment. Written with the professional investor in mind, Corporate Valuation for Portfolio Investment takes you through a wide range of approaches including those primarily based in assets, earnings, cash flow, and securities prices and discusses hybrid valuation techniques that combine aspects of these four main sources of valuation information. Along the way, it also examines the importance of qualitative measures such as governance and details a variety of special situations in the life cycle of businesses, including stock splits, spin-offs, and pension funding. If you're seeking superior returns from investments in corporate equity, then you have to have a firm understanding of valuation. With Corporate Valuation for Portfolio Investment as your guide, you'll be in a better position to improve your sense of a company's worth and the possible price ranges for buy, sell, and hold decisions.

How to Read a Financial Report

Download How to Read a Financial Report PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118735587
Total Pages : 240 pages
Book Rating : 4.1/5 (187 download)

DOWNLOAD NOW!


Book Synopsis How to Read a Financial Report by : John A. Tracy

Download or read book How to Read a Financial Report written by John A. Tracy and published by John Wiley & Sons. This book was released on 2013-12-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated new edition of the comprehensive guide to reading and understanding financial reports Financial reports provide vital information to investors, lenders, and managers. Yet, the financial statements in a financial report seem to be written in a foreign language that only accountants can understand. This new Eighth Edition of How to Read a Financial Report breaks through that language barrier, clears away the fog, and offers a plain-English user's guide to financial reports. This updated edition features new information on the move toward separate financial and accounting reporting standards for private companies, the emergence of websites offering financial information, pending changes in the auditor's report language and what this means to investors, and requirements for XBRL tagging in reporting to the SEC, among other topics. Makes it easy to understand what financial reports really say Updated to include the latest information financial reporting standards and regulatory changes Written by an author team with a combined 50-plus years of experience in financial accounting With this new edition of How to Read a Financial Report, investors will find everything they need to fully understand the profit, cash flow, and financial condition of any business.

Wiley Revenue Recognition

Download Wiley Revenue Recognition PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470640634
Total Pages : 182 pages
Book Rating : 4.4/5 (76 download)

DOWNLOAD NOW!


Book Synopsis Wiley Revenue Recognition by : Steven M. Bragg

Download or read book Wiley Revenue Recognition written by Steven M. Bragg and published by John Wiley & Sons. This book was released on 2010-05-11 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now fully revised and updated—the most practical, authoritative guide to every aspect of revenue recognition Revenue is one of the most important figures to both preparers and users of financial statements—and is one of the most difficult to get right. Now in a Second Edition, Wiley Revenue Recognition helps you confidently navigate and address the uncertainties in this intricate area of accounting. Accounting expert Steven Bragg provides not only a detailed view of the current accounting rules and regulations pertaining to revenue recognition, but also describes the exact sources of this information, how a company's treatment of revenue recognition is to be disclosed alongside the financial statements, and what policies, procedures, and controls can be used to enforce it in a consistent manner. Filled with new examples and disclosures throughout, this invaluable guide features cutting-edge coverage of: SEC Staff Accounting Bulletin 104, EITF 07-6, IAS 18, SIC 31, IFRIC 12,13, and 15 The concepts of sale recognition when collection is uncertain When the right of product return exists The new GAAP Codification references Expanded coverage of IFRS and SEC reporting issues Complying with Sarbanes-Oxley by revealing key controls over revenue recognition All aspects of revenue recognition, including control systems, supported by extensive examples The most complex revenue recognition concepts Descriptions of control points throughout the book Revenue recognition for various industries, including franchising, construction, motion pictures, not-for-profits, real estate, recording and music, services, and software Wiley Revenue Recognition is a thorough introduction to every aspect of revenue recognition—how to account for it, report it, and set up systems and controls to ensure that the rules are properly followed. With practicable, workable advice, this authoritative guide will assist you in consistently recognizing revenue in the correct amounts, at the right time, and in accordance with generally accepted accounting principles.

Valuing Small Businesses and Professional Practices

Download Valuing Small Businesses and Professional Practices PDF Online Free

Author :
Publisher : McGraw Hill Professional
ISBN 13 : 9780786311866
Total Pages : 946 pages
Book Rating : 4.3/5 (118 download)

DOWNLOAD NOW!


Book Synopsis Valuing Small Businesses and Professional Practices by : Shannon P. Pratt

Download or read book Valuing Small Businesses and Professional Practices written by Shannon P. Pratt and published by McGraw Hill Professional. This book was released on 1998-03 with total page 946 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a guide to valuing small businesses (family ones up to those worth around 5million) and professional practices. This edition has been updated and includes new chapters on trends in the field of business and professional business valuation.

Corporate Valuation for Portfolio Investment

Download Corporate Valuation for Portfolio Investment PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470936762
Total Pages : 581 pages
Book Rating : 4.4/5 (79 download)

DOWNLOAD NOW!


Book Synopsis Corporate Valuation for Portfolio Investment by : Robert A. G. Monks

Download or read book Corporate Valuation for Portfolio Investment written by Robert A. G. Monks and published by John Wiley & Sons. This book was released on 2010-10-01 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: A detailed guide to the discipline of corporate valuation Designed for the professional investor who is building an investment portfolio that includes equity, Corporate Valuation for Portfolio Investment takes you through a range of approaches, including those primarily based on assets, earnings, cash flow, and securities prices, as well as hybrid techniques. Along the way, it discusses the importance of qualitative measures such as governance, which go well beyond generally accepted accounting principles and international financial reporting standards, and addresses a variety of special situations in the life cycle of businesses, including initial public offerings and bankruptcies. Engaging and informative, Corporate Valuation for Portfolio Investment also contains formulas, checklists, and models that the authors, or other experts, have found useful in making equity investments. Presents more than a dozen hybrid approaches to valuation, explaining their relevance to different types of investors Charts stock market trends, both verbally and visually, enabling investors to think like traders when needed Offers valuation guidance based on less quantitative factors, namely management quality and factors relating to the company and the economy Corporate Valuation for Portfolio Investment puts this dynamic discipline in perspective and presents proven ways to determine the value of corporate equity securities for the purpose of portfolio investment.

Handbook of Financial Analysis, Forecasting, and Modeling

Download Handbook of Financial Analysis, Forecasting, and Modeling PDF Online Free

Author :
Publisher : CCH
ISBN 13 : 9780808015932
Total Pages : 518 pages
Book Rating : 4.0/5 (159 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Financial Analysis, Forecasting, and Modeling by : Jae K. Shim

Download or read book Handbook of Financial Analysis, Forecasting, and Modeling written by Jae K. Shim and published by CCH. This book was released on 2007 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and authoritative resource provides full, unabridged text of the complete Internal Revenue Code in two volumes. CCH offers this tax information in a timely and reliable manner that business and tax professionals have come to expect and appreciate. This Winter Edition of Internal Revenue Code reflects all new statuatory tax changes through January 2006, including the 2005 Energy and Highway Tax Acts and the Katrina Emergency Tax Relief Act.

International Financial Statement Analysis

Download International Financial Statement Analysis PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119029759
Total Pages : 1072 pages
Book Rating : 4.1/5 (19 download)

DOWNLOAD NOW!


Book Synopsis International Financial Statement Analysis by : Thomas R. Robinson

Download or read book International Financial Statement Analysis written by Thomas R. Robinson and published by John Wiley & Sons. This book was released on 2015-02-05 with total page 1072 pages. Available in PDF, EPUB and Kindle. Book excerpt: Better analysis for more accurate international financial valuation International Financial Statement Analysis provides the most up-to-date detail for the successful assessment of company performance and financial position regardless of country of origin. The seasoned experts at the CFA Institute offer readers a rich, clear reference, covering all aspects from financial reporting mechanics and standards to understanding income and balance sheets. Comprehensive guidance toward effective analysis techniques helps readers make real-world use of the knowledge presented, with this new third edition containing the most current standards and methods for the post-crisis world. Coverage includes the complete statement analysis process, plus information on income tax accounting, employee compensation, and the impact of foreign exchange rates on the statements of multinational corporations. Financial statement analysis gives investment professionals important insights into the true financial condition of a company. With it, realistic valuations can be made for investment, lending, or merger and acquisition purposes. The process is becoming increasingly complex, but this book helps readers deal with the practical challenges that arise at the international level. Understand the accounting mechanics behind financial reporting Discover the differences between statements from around the world Learn how each financial statement element affects securities valuation Master analysis for clues into operations and risk characteristics Amid an uncertain global economic climate, in today's volatile international markets, the ability to effectively evaluate financial statements is a critical skill. Standards and conditions are continuously evolving, and investment professionals need a strong, up-to-date resource for the latest rules and best practices. International Financial Statement Analysis provides this and more, with clarity and expert advice.

International Financial Statement Analysis Workbook

Download International Financial Statement Analysis Workbook PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119029724
Total Pages : 208 pages
Book Rating : 4.1/5 (19 download)

DOWNLOAD NOW!


Book Synopsis International Financial Statement Analysis Workbook by : Thomas R. Robinson

Download or read book International Financial Statement Analysis Workbook written by Thomas R. Robinson and published by John Wiley & Sons. This book was released on 2015-01-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Financial Statement Analysis provides the most up-to-date detail for the successful assessment of company performance and financial positions. This rich, clear reference covers all aspects from financial reporting mechanics and standards to understanding income and balance sheets. Comprehensive guidance toward effective analysis techniques helps readers make real-world use of the knowledge presented, with this new third edition containing the most current standards and methods for the post-crisis world. Coverage includes the complete statement analysis process, plus information on income tax accounting, employee compensation, and the impact of foreign exchange rates on the statements of multinational corporations. Understand the accounting mechanics behind financial reporting Discover the differences between statements from around the world Learn how each financial statement element affects securities valuation Master analysis for clues into operations and risk characteristics International Financial Statement Analysis provides the latest rules and best practices, with clarity and expert advice. International Financial Statement Analysis Workbook helps busy professionals understand and apply the concepts and methodologies essential to accurate financial analysis. A companion to the IFSA text, this workbook offers learning objectives, chapter summaries, and practice problems that reinforce the practitioner-oriented material to give readers the confidence they need before applying these concepts to real cases. Readers will test their understanding of the standards and mechanics of financial reporting, and make use of the tools and techniques described in the text. This informative study guide is designed to facilitate information retention, helping readers build a strong foundation in financial statement analysis, with practical applications across borders. The volatile global economy makes accurate international financial statement analysis a valuable skill, where insufficient mastery makes precise valuation impossible. International Financial Statement Analysis provides the most up-to-date knowledge, and this workbook offers readers a chance to practice applying that knowledge with carefully constructed problems. Work topic-specific practice problems to facilitate intuitive understanding Review each topic quickly using clear chapter summaries Understand each chapter's objective to avoid missing key information Practice important methods and techniques before applying them in the real world It's impossible to tell how well a subject is mastered without applying the relevant concepts to a real-life situation. Valuation depends upon an accurate financial analysis, and practitioners need a solid grasp of the standards, formats, and documentation they may encounter on the international level. Practice makes perfect, and International Financial Statement Analysis Workbook provides plenty of practice and essential tools for understanding.

An Examination of Analysts' Target Price Forecasts After Accounting Misstatements

Download An Examination of Analysts' Target Price Forecasts After Accounting Misstatements PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.:/5 (131 download)

DOWNLOAD NOW!


Book Synopsis An Examination of Analysts' Target Price Forecasts After Accounting Misstatements by : Daniel Alan Street

Download or read book An Examination of Analysts' Target Price Forecasts After Accounting Misstatements written by Daniel Alan Street and published by . This book was released on 2020 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: I investigate the magnitude, accuracy, and informativeness of analysts' target price forecast revisions after material negative accounting misstatements. Although prior researchers find that analysts' earnings forecasts decline after misstatements, the effects of misstatements upon analysts' target price forecasts have not yet been investigated. Relative to analysts' target price forecasts for control firms, I find that analysts decrease their target price forecasts more sharply for misstating firms. Although analysts' target price forecast revisions are somewhat less accurate for misstating firms, I find that analysts' target price forecast revisions for misstating firms remain informative to the stock market. Several misstatement and target price forecast characteristics (misstated account, misstatement intention, SEC investigation, and CEO turnover after misstatement) affect the average magnitude, accuracy, and informativeness of analysts' target price forecast revisions. These findings inform investors regarding the extent to which they may effectively rely upon analysts' target price forecasts after material negative accounting misstatements and contribute to our knowledge of the value relevance of historical accounting and future earnings expectations for sell-side analysts.

Financial Warnings

Download Financial Warnings PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 654 pages
Book Rating : 4.3/5 (97 download)

DOWNLOAD NOW!


Book Synopsis Financial Warnings by : Charles W. Mulford

Download or read book Financial Warnings written by Charles W. Mulford and published by John Wiley & Sons. This book was released on 1996-05-03 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: A material difference between a corporation's expected and actual earnings, otherwise known as an earnings surprise, can spell big trouble for lenders and equity investors, to say nothing of the company in question. The failure to anticipate a negative result can threaten a lender's prospects for loan repayment, cause investors to absorb heavy losses, and trigger substantial losses on positions in equity securities.

Business Valuation

Download Business Valuation PDF Online Free

Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781717577917
Total Pages : 104 pages
Book Rating : 4.5/5 (779 download)

DOWNLOAD NOW!


Book Synopsis Business Valuation by : Greg Shields

Download or read book Business Valuation written by Greg Shields and published by Createspace Independent Publishing Platform. This book was released on 2018-04-29 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Say goodbye to scratching your head in confusion This business valuation book could be the answer you're looking for... Whether you're looking to buy or sell a business, to invest in the stock market or become a business angel, or simply to get a better idea of what your business is worth, this book contains the information you need. Each type of valuation method is introduced in turn: assets based, revenue based, earnings and cash flow based, together with discounted cash flow and 'rule of thumb' valuations. This book will show you how to calculate the value of the business. You'll also learn the strengths and weaknesses of each method of valuation; where they're useful and where they are of limited value. Does that sound as if the book is a dry, mathematical text? Far from it. Business Valuation: The Ultimate Guide to Business Valuation for Beginners, Including How to Value a Business Through Financial Valuation Methods contains real examples and talks about the 'art' as well as the 'science' of valuation. You'll also get a chapter that is focused on due diligence ('kicking the tyres'). Once you've read this book you should have a good handle on how to value a business. Maybe you won't be a highly paid McKinsey consultant, but you'll have what it takes to know what a business is worth, and you'll have enough smarts to avoid the obvious traps and pitfalls, such as 'dressing up' profits. That can make the difference between selling your business at a price that funds your retirement, and coming up short - or the difference between buying a great business at a good price, or paying over the odds for a moribund company. Here are just some of the topics that are discussed in this book: Why you might need a business valuation The basic concepts behind business valuation Profit based approaches Revenues based approaches Asset based approaches Discounted cash flow Sector-specific approaches And Much, Much More So, what are you waiting for? Start your learning now by getting this magnificent book!

Using Accounting & Financial Information

Download Using Accounting & Financial Information PDF Online Free

Author :
Publisher : Business Expert Press
ISBN 13 : 1947098691
Total Pages : 195 pages
Book Rating : 4.9/5 (47 download)

DOWNLOAD NOW!


Book Synopsis Using Accounting & Financial Information by : Mark S. Bettner

Download or read book Using Accounting & Financial Information written by Mark S. Bettner and published by Business Expert Press. This book was released on 2018-04-16 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting is often referred to as the language of business. Unfortunately, many business professionals lack the required fluency in this unique language to perform basic financial analysis, prepare budgetary forecasts, or to compare competing capital investment alternatives. This book targets individuals with limited exposure to—or formal training in—accounting and related finance disciplines. These individuals include—but certainly are not limited to—engineers, information technology specialists, retail managers, entrepreneurs, marketing directors, construction contractors, attorneys, and bankers who are making career transitions from consumer lending positions to become commercial loan officers. The primary purpose of this book is to help managers and business owners from diverse professional and educational backgrounds to (1) converse more effectively with their accounting and finance colleagues; (2) understand the structure and the elements of general purpose financial statements; (3) identify both the usefulness and the limitations of accounting information; (4) prepare budgets and financial forecasts; and (5) make sense of commonly used decision-making models.

Telecourse Guide for Accounting in Action

Download Telecourse Guide for Accounting in Action PDF Online Free

Author :
Publisher : Irwin/McGraw-Hill
ISBN 13 : 9780072473728
Total Pages : 254 pages
Book Rating : 4.4/5 (737 download)

DOWNLOAD NOW!


Book Synopsis Telecourse Guide for Accounting in Action by : Robert Libby

Download or read book Telecourse Guide for Accounting in Action written by Robert Libby and published by Irwin/McGraw-Hill. This book was released on 2003-03-13 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: