Guide to Analysing Companies by Economist, The -- Read -- Imperial Library of Trantor

Index

Chapter 1: The annual report – and what underlies it

Double entry book-keeping Who publishes accounts? Other influences on the annual report The objectives of the annual report Obtaining an annual report Who uses annual reports? Underlying the annual report The elements of financial statements A conceptual framework Statement of accounting policies Auditors Corporate governance The hindsight factor

Chapter 2: The statement of financial position

Presentation Assets

Chapter 3: The income statement

Income statement presentation format Profit considerations Nuts and bolts Depreciation and profit Taxing matters Capital or revenue

Chapter 4: The statement of cash flows

No cash, no business What matters Funds flow statement Cash flow Statement of cash flows Summary

Part 2: Assessing the facts

Chapter 5: Guidelines for financial analysis

Comparability and consistency Percentage rules Growth rates and trends Foreign currencies

Chapter 6: Measuring profitability

What is profit? Profit margin ratios The efficiency ratios The shareholders’ return League tables Value added Summary

Chapter 7: Measuring efficiency

Human resource management Physical resource management Financial resource management Summary

Chapter 8: Working capital and liquidity

Working capital and cash flow Measuring liquidity The cash cycle Assessing the cash position Summary

Chapter 9: Capital and valuation

Equity and debt Share price and value Valuing companies Cost of capital Summary

Chapter 10: Strategy, success and failure

Sources of information Corporate governance Corporate strategy Success or failure?

Appendices

1: Useful benchmarks 2: Glossary 3: Abbreviations and acronyms

Index