[Download] Accounting for Value (Columbia Business School Publishing)






#488751 in eBooks 2011-02-05 2011-02-05File Name: B0060LSSSE

5 of 5 people found the following review helpful. An interesting complement to the finance valuation perspectiveBy JackalThis is an interesting complement to Valuation: Measuring and Managing the Value of Companies, 5th Edition (Wiley Finance), which presents a finance perspective on valuation (read cash flow). The current book presents an accounting perspective on valuation. The writing style is not totally clear and I've seen some articles in Financial Analysts Journal by the same author thatPenman's book...contains gems on every page ndash; to the point that no one who deals with the market in any capacity should pass by this text until they have committed to memory as many points therein as their limited, mark one, human brains, can hold. (Anthony Harrington QFinance Blog)I highly rDespite their skills and extensive training, many analysts fail to recognize the basics of good accounting and its deployment in valuation. By focusing on abstract concepts such as measurement basis, exit values, and entity concepts, they miss out on the benfits of a practical approach to valuation. While modern finance has advanced important concepts, including diversification and risk measurement, effective and efficient accounting merges these tools with fundamental analysis to divine a true...


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You easily download any file type for your gadget.Accounting for Value (Columbia Business School Publishing)   |  Stephen Penman. A good, fresh read, highly recommended.

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