Business Analysis and Valuation IFRS edition 5th Edition By Krishna G. Palepu
By: Krishna G. Palepu; Paul M. Healy
Publisher: Cengage Learning EMEA
Print ISBN: 9781473758896, 1473758890
eText ISBN: 9781473758896, 1473758890
Edition: 5th
Copyright year: 2019
Business Analysis and Valuation: IFRS edition uses a wide range of contemporary cases to illustrate the use of financial statement data in various valuation tasks. Centred around the IFRS Standards, this text demonstrates how to get the most information out of IFRS based financial statements. The focus is not only on building a solid understanding of the latest theoretical approaches but also placing students in a confident position to apply these.
Financial statements are the basis for a wide range of business analyses. Managers use them to monitor and judge
their firms? performance relative to competitors, to communicate with external investors, to help judge what
financial policies they should pursue, and to evaluate potential new businesses to acquire as part of their investment
strategy. Securities analysts use financial statements to rate and value companies they recommend to clients. Bankers
use them in deciding whether to extend a loan to a client and to determine the loan?s terms. Investment bankers
use them as a basis for valuing and analyzing prospective buyouts, mergers, and acquisitions. And consultants use
them as a basis for competitive analysis for their clients. Not surprisingly, therefore, there is a strong demand among
business students for a course that provides a framework for using financial statement data in a variety of business
analysis and valuation contexts. The purpose of this book is to provide such a framework for business students and
practitioners. This IFRS Standards edition is the European adaptation of the authoritative US edition ? authored by
Krishna G. Palepu and Paul M. Healy ? that has been used in Accounting and Finance departments in universities
around the world. In 2007 we decided to write the first IFRS Standards edition because of the European business
environment?s unique character and the introduction of mandatory IFRS Standards reporting for public corporations
in the European Union. This fifth IFRS Standards edition is a thorough update of the successful fourth edition,
incorporating new examples, cases, problems and exercises, and regulatory updates.
Additional ISBNs
9781473758889, 9781473758421, 1473758882, 1473758424
