Product Description
Financial Analysis Tools and Techniques, a business-focused revision of Erich Helfert's perennial college bestseller Techniques of Financial Analysis, is a quick, easy read for nonfinancial managers and an excellent refresher and reference for finance professionals. This practical, hands-on guide provides a new introductory chapter that gives context to today's valuation turmoil and helps professionals understand the economic drivers of a business and the importance of cash flow. The book's overriding theme is that any business should be viewed as a dynamic, integrated system of cash flowsone that can be activated and managed by investment decisions. Topics, discussed in clear, comprehensive, and easy-to-understand detail, include:
- Increasing shareholder value through value-based management (VBM)
- Interpreting pro forma financial statements
From the Back Cover
Proven Techniques for All Managers and Financial Professionals to Generate, Understand, and Act Upon Key Financial Information
The syntax and "code" of financial analysis, along with the avenues for arriving at appropriate and useful answers, have long seemed like a foreign language to nonfinancial managers. Financial Analysis Tools and Techniques simplifies the process, and provides busy managers and professionals with the guidelines they need for conducting effective analyses and making sound economic trade-offs and business decisions. In a business systems context, this essential book explains how to:
- Interpret financial statements
- Develop financial projections
- Evaluate business investment decisions
- Assess the implications of financing choices
- Derive the value of a business or security
- Understand the role of analysis in creating shareholder value
Financial Genome by Modernsoft, Inc.
This advanced knowledge-based business analysis and planning software is fully integrated with this book, allowing users to:
- Access data from databases, spreadsheets, user input
- Develop free-form or structured analyses with consistency
- Produce a wide variety of customizable financial statements
- Create integrated financial pro-forma projections
Download Financial Genome for a free 30-day trial from www.modernsoft.com (See Appendix I for details)
Since the first of its ten editions appeared in 1963, Erich Helfert's seminal Techniques of Financial Analysis has provided business students as well as financial practitioners with a concise and practical overview of financial analysis tools and concepts. What sets this classic text apart then, and continues to distinguish it today, has been its focus on the continuous interrelationship between management decisions and the economic value of a business, explained in a unique systems context.
Financial Analysis: Tools and Techniques adapts this seminal reference to today's fast-changing professional market and establishes a new benchmark for direct, concise, and practical financial analysis information and interpretation. Specifically addressing key analytical needs in the tumultuous twenty-first-century business environment, it comments on valuable business applications of the tools and concepts with insights from Erich Helfert and his consulting clients.
Financial Analysis: Tools and Techniques is a quick and easy read for the nonfinancial manager and an excellent refresher and reference for the financial professional. In conjunction with its companion software Financial Genome, it represents the next step in financial analysisone that gives financial analysis and economic decisions their proper importance and context in the successful operation of a business.
Product Details
Hardcover: 510 pages
Publisher: McGraw-Hill; 1 edition (September 11, 2001)
Language: English
ISBN-10: 9780071378345
ISBN-13: 978-0071378345
ASIN: 0071378340
Product Dimensions: 9 x 6.2 x 1.2 inches