Interpreting Company Reports and Accounts (9th ed)

Called "The Analysts' Bible" by the Investors ChronicleInterpreting Company Accounts and Reports guides the reader through the complexities of company accounts to show them how to spot undue risk taking and "cosmetic accounting". Packed with interesting real world examples and accounts its highly practical approach clearly demonstrates how to assess the financial and trading position of a company from year to year and look for clues on the quality of management. Previous editions have predicted the collapse of Polly Peck and the Robert Maxwell's empire. Suitable for advanced undergraduate and MBA courses. It is also relevant for professionals taking the IIMR, stock exchange and accountancy exams as well as practitioners such as institutional analysts, brokers and any private investors.