ABOUT THE BOOK

The book is divided in 5 parts. Part I (Chapters 3-6) develops the thinking that is necessary to perform fundamental analysis. Part II (Chapters 7-12) lays out the financial statement analysis that identifies value generation in a business and provides information for forecasting. Part III (Chapters 13-15) deals with forecasting. Part IV (Chapters 16 and 17) deals with accounting issues that arise with the use of accounting-based valuation. Part V (Chapters 18 and 19) lays out the fundamental analysis of risk, both equity risk and credit risk, and provides a pro forma analysis that integrates equity analysis and credit analysis.