5507000
9780471457497
How to use financial reporting to create shareholder value.Creating shareholder value is fundamental to management performance and performance evaluation. Speaking to current and future executives, this is the first text to combine this essential concept with the financial reporting process-the primary provider of the measures of shareholder value creation and its determinants.Thoughtful, creative, and easy to understand. Financial Reporting for Managers: A Value-Creation Perspective links shareholder value creation and the financial accounting statements to the market value of the firm in a way that can easily be understood by beginners and professionals alike. In simple, powerful terms, the book lays out the pathways leading from good decisions by management to strong financial statements, and higher shareholder value and stock prices.With this book, you will learn about: Shareholder value and its importance to a company's long-term success Financial statements and how to use them to measure, identify, and encourage value creation ROE (Return on Equity), its determinants, and its relationship to the market value of the firm Earnings management Revenues, expenses, and working capital Long-term producing assets and investments in equity securitiesWith real-world cases illustrating each chapter and integrated global coverage, Financial Reporting for Managers ensures that you not only master the fundamentals of financial reporting, but then apply your knowledge to build strong long-term value for your organization.Pratt, Jamie is the author of 'Financial Reporting and Valuation Text for the Emba Course', published 2008 under ISBN 9780471457497 and ISBN 0471457493.
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