The objectives of this book is the presentation of financial statement analysis from the point of view of the primary users of financial statement: equity and credit analysists. The analysis and use of financial statements is not restricted to analysists, however. Managers, auditors, educators, and regulators can also benefit from the insights and analytic techniques in this text.
Corporate managers, and those training to be managers, requier an understanding of how financial statements provide information regarding an enterprise. This book is intended for use a university level textbook for MBA and advanced undergraduate financial statement analysis courses. In addition, it should help equip businesspeople to prepare, audit, or interpret financial information. Finally, the text is designed to be a useful reference for both neophytes and informaed readers. (text from the author)