Financial Statement Analysis

Authors

Byrne Kaulu (ed)

Keywords:

Financial Statement Analysis, Financial Reporting, US GAAP, IFRS, Income Statement Analysis, Balance Sheet Analysis, Cash Flow Statement Analysis, Ratio Analysis, Common-Size and Trend Analysis, Earnings Quality, ESG

Synopsis

This textbook provides a comprehensive and applied approach to the principles and practice of financial statement analysis (FSA). Designed for students, practitioners, and decision-makers, it equips readers with the conceptual foundations, analytical tools, and interpretive skills required to evaluate corporate performance and financial health. The book begins by introducing the purpose and framework of financial reporting before exploring the core financial statements—the income statement, balance sheet, and statement of cash flows—in depth. It then develops systematic techniques for ratio analysis, common-size and trend analysis, and the evaluation of earnings quality. Advanced applications are covered, including credit risk assessment, equity valuation, and forecasting of financial statements, alongside contemporary issues such as sustainability disclosures, integrated reporting, and the analysis of financial institutions. Case studies and real-world examples are incorporated throughout to enhance practical understanding and decision-making relevance. By combining rigorous theoretical grounding with practical insights, the text bridges the gap between accounting information and its use in investment, credit, and strategic analysis.

Chapters

Financial_Statement_Analysis_cover

Published

August 21, 2025

Series

Humanities and Social Sciences
Copyright (c) 2025 FourthIR Press

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

Financial Statement Analysis (Vol. 1). (2025). (Vol. 1). FourthIR Press. https://books.fourthir.net/index.php/fp/catalog/book/2