financial analysis tools and techniques a guide for managers pdf

... contribution of this book have been to help make financial/ economic analysis a practical, understandable and usable process for managers and analysts, and we argue with conviction that applying these con- cepts ... differentiate between purely financial analysis on one hand, and economic analysis and trade-offs on the other. As we mentioned, the first is largely based on financial statements and accounting data, while ... 18 Financial Analysis: Tools and Techniques production, carefully calibrated against quality standards and relative contribution from products and services, or cost effectiveness standards that...

Ngày tải lên: 24/01/2014, 00:20

Ngày tải lên: 13/08/2013, 15:05

... 9/27/01 10:57 AM Page 5 10 Financial Analysis: Tools and Techniques The Practice of Financial/ Economic Analysis The financial/ economic analysis sponsored and used by the economic manager can be viewed ... financial/ economic analysis a practical, understandable and usable process for managers and analysts, and we argue with conviction that applying these con- cepts to both established and emerging businesses has ... per- formance assessment and incentives, and finally to valuation and investor communication. Each of these areas contains challenges and issues in the practice of analysis and decision-making that...

Ngày tải lên: 21/12/2013, 01:19

... xiii 2 Financial Analysis: Tools and Techniques For many years the purpose and contribution of this book have been to help make financial/ economic analysis a practical, understandable and usable process for ... familiar with information sources within the company, and works in close collaboration with financial and other staff persons to make sure that rel- evant data are at hand for sound analysis and ... professional application enables the user to develop finan- cial statements, the whole range of key financial measures, and integrated finan- cial projections and plans, as well as ad hoc financial analyses....

Ngày tải lên: 28/06/2014, 22:20

... integrated conceptual backdrop both for the financial/ economic dimensions of systematic business management and for understanding the nature of financial statements, data, and processes underlying financial analysis ... they are the basic su- pervisors of transactions and data collection, sponsors of internal information and accounting systems, and guardians of financial information. Again we’re describing a mind ... develop finan- cial statements, the whole range of key financial measures, and integrated finan- cial projections and plans, as well as ad hoc financial analyses. The patented knowledge-based technology...

Ngày tải lên: 05/03/2014, 20:20

... purpose and contribution of this book have been to help make financial/ economic analysis a practical, understandable and usable process for managers and analysts, and we argue with conviction that applying ... familiar with information sources within the company, and works in close collaboration with financial and other staff persons to make sure that rel- evant data are at hand for sound analysis and ... professional application enables the user to develop finan- cial statements, the whole range of key financial measures, and integrated finan- cial projections and plans, as well as ad hoc financial analyses....

Ngày tải lên: 28/06/2014, 08:20

... Analysis: Tools and Techniques For many years the purpose and contribution of this book have been to help make financial/ economic analysis a practical, understandable and usable process for managers ... blank. 10 Financial Analysis: Tools and Techniques The Practice of Financial/ Economic Analysis The financial/ economic analysis sponsored and used by the economic manager can be viewed within a ... professional application enables the user to develop finan- cial statements, the whole range of key financial measures, and integrated finan- cial projections and plans, as well as ad hoc financial analyses....

Ngày tải lên: 28/06/2014, 12:20

... 2 Financial Analysis: Tools and Techniques For many years the purpose and contribution of this book have been to help make financial/ economic analysis a practical, understandable and usable ... than availability of tools. We’re talking about a mind set, an organizational climate in which managers and all employees are encouraged, indeed challenged, to ap- proach their jobs and the daily ... the basic task and the fundamental challenge—of financial/ economic analysis lies in constructing and sharing a reasonably consis- tent and meaningful set of data and relationships that will support...

Ngày tải lên: 28/06/2014, 18:20

... 9/27/01 10:57 AM Page 9 10 Financial Analysis: Tools and Techniques The Practice of Financial/ Economic Analysis The financial/ economic analysis sponsored and used by the economic manager can be viewed ... familiar with information sources within the company, and works in close collaboration with financial and other staff persons to make sure that rel- evant data are at hand for sound analysis and judgments. ... per- formance assessment and incentives, and finally to valuation and investor communication. Each of these areas contains challenges and issues in the practice of analysis and decision-making that...

Ngày tải lên: 01/07/2014, 22:20

... information. • Use of comparative data. • Analysis of financial markets. Interpretation of financial information essentially amounts to analyzing fi- nancial statements and other financial data about ... relevant feedback, and provide hel78340_ch02.qxd 9/27/01 10:59 AM Page 31 54 Financial Analysis: Tools and Techniques rarely can financial data, as generally provided, be used in their exact form ... economic performance and value. Comparative data are an essential part of financial analysis, as they help put judgments about a particular company or business in perspective. By implication, all judgments...

Ngày tải lên: 01/07/2014, 22:20

... new capital spending as well as disposals, and the impact of the hel78340_ch03.qxd 9/27/01 11:00 AM Page 82 84 Financial Analysis: Tools and Techniques acquisitions, accompanied by an increase ... changes that impact the company over a period of several years. Economic variations and specific industry cycles are generally long term and not as regular and predictable as seasonal variations. ... 11:00 AM Page 78 This page intentionally left blank. 76 Financial Analysis: Tools and Techniques Funds lags during a cyclical upturn or downturn tend to be magnified by a mostly unavoidable lag...

Ngày tải lên: 01/07/2014, 22:20

... on both an an- nual and a quarterly basis, and are a matter of record whenever a company’s shares are publicly traded. A recent requirement by the Financial Accounting Standards Board and the Securities ... $6,410) Sales Average total assets hel78340_ch04.qxd 9/27/01 11:07 AM Page 108 136 Financial Analysis: Tools and Techniques based on cash flows, and if decisions are consistently analyzed and executed ... 11:07 AM Page 104 142 Financial Analysis: Tools and Techniques In the case of physical assets, the depreciation write-off is shown as a charge in the income statement, and is accumulated on the balance...

Ngày tải lên: 01/07/2014, 22:20

... resources databases Investment databases Operational databases Customer databases Market databases Financing assumptions Corporate financial database Past and pro forma financial statements Cash flow analysis and projections Economic analyses Performance analyses Financial model Technology databases Logistics databases Competitor databases Vendor databases hel78340_ch05.qxd ... Interrelationships Shareholder value analyses On-line financial and economic databases Operational assumptions Investment assumptions Human resources databases Investment databases Operational databases Customer databases Market databases Financing assumptions Corporate ... actual balance sheet data at the beginning of the forecast period and applying any addi- tional information we can obtain from management. Fortunately, we have relative freedom to make and vary our...

Ngày tải lên: 01/07/2014, 22:20

... of the plans. Management can set a variety of financial objectives and financial policies to direct and constrain the company’s planning effort and the specific financial projections based on ... available financial analysis and planning software described in Appendix I, is accompanied by several interactive templates (TFATemplate under “extras”) for analyzing and displaying different assumptions for ... more detail in hel78340_ch06.qxd 9/27/01 11:13 AM Page 209 210 Financial Analysis: Tools and Techniques Chapters 11 and 12, shareholder value creation ultimately is based on cash flows and market...

Ngày tải lên: 01/07/2014, 22:20

Ngày tải lên: 01/07/2014, 22:20

Ngày tải lên: 01/07/2014, 22:20

Ngày tải lên: 01/07/2014, 22:20

Ngày tải lên: 01/07/2014, 22:20