Vol 2. Financial Statement Analysis Flashcards
(Financial Statement Analysis Framework) - Phase 1. Articulate the purpose and context of the analysis:
Sources of information
(Financial Statement Analysis Framework) - Phase 1. Articulate the purpose and context of the analysis:
Output
(Financial Statement Analysis Framework) - Phase 2. Collect input data:
Sources of information
(Financial Statement Analysis Framework) - Phase 2. Collect input data:
Output
(Financial Statement Analysis Framework) - Phase 3. Process data:
Sources of information
Data from the previous phase (Collect input data)
(Financial Statement Analysis Framework) - Phase 3. Collect input data:
Output
(Financial Statement Analysis Framework) - Phase 4. Analyze/interpret the processed data:
Sources of information
Input data as well as processed data, i.e., (Phase 2 & 3)
(Financial Statement Analysis Framework) - Phase 4. Analyze/interpret the processed data:
Output
Analytical results
Financial Statement Analysis Framework
Phase I
Financial Statement Analysis Framework
Phase II
Financial Statement Analysis Framework
Phase III
Process Data
The analyst processes these data using appropriate analytical tools: computing ratios and growth rates; preparing common-size financial statements; creating charts; regression or MC simulations; performing equity valuations
Financial Statement Analysis Framework
Phase IV