OVERVIEW
One of the best sellers in subject area, Financial Statement Analysis in its 11th edition continues to set the standard in showing readers the keys to effective analysis of financial statements. To accommodate different teaching styles and needs, the book is organized in a unique three-part framework – first part provides accounting overview (chapters 1 and 2), followed by accounting analysis (chapters 3-6) and then financial analysis (chapters 7-11). The text presents a balanced view of analysis, including both equity and credit analysis, and both cash-based and earnings-based valuation models. With all its careful and innovative approaches, the book aims to benefit a broad readership, ranging from those with a simple curiosity in financial markets to those with years of experience in accounting and finance.

KEY FEATURES
• A streamlined and comprehensive text with an abundance of practical applications and directions for analysis
• Includes references from International Financial Reporting Standards (IFRS) and highlights key differences with US GAAP
• A detailed section on debt financing, including accounting treatment, note disclosures, and analysis issues
• Includes six comprehensive case studies by renowned Indian academicians to enhance practical applications
• Rich pedagogical features, including key objectives, numerous excerpts, marginal annotations, end-of-chapter assignments, etc.