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Chapter 25: Advanced Ratio and Trend Analysis

In this section

  • Adjusting for Quality Issues in Ratio Computations
    Explore how to refine financial ratios by adjusting for reporting quality issues, ensuring a clearer view of a firm’s true economic performance.
  • DuPont Analysis Revisited: Deeper Insights
    An in-depth exploration of the extended DuPont framework for analyzing Return on Equity, integrating operating margins, tax considerations, and adjustments for quality of earnings, IFRS vs. US GAAP differences, intangible assets, and more.
  • Growth Trajectories and Sustainable Earnings
    Explore how companies sustain growth over the long run, balancing profitability, capital structure, and market realities.
  • Vignette Workshop: Granular Ratio Interpretations
    Explore a comprehensive multi-segment item set and discover how to adjust ratios for hidden distortions and nuanced accounting policies. Deepen your FSA insights with real-world examples, footnote disclosures, and management commentary analysis.
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Chapter 24: Forecasting Financial Statements
Chapter 26: Valuation Implications of FSA