International Financial Statement Analysis Workbook: (CFA Institute Investment Series)

Practice the concepts, tools, and techniques of international financial statement analysis International Financial Statement Analysis Workbook gives busy professionals and those aspiring to a financial career a hands-on reference for understanding and applying the concepts and methodologies essential to accurate financial analysis. A companion to the International Financial Statement Analysis text, this practical workbook includes learning outcomes, chapter summaries, and problems that are designed to build skills and boost confidence before applying the concepts to real-world cases. The workbook offers an opportunity to test your understanding of the standards and mechanics of financial reporting and makes use of the text’s tools and techniques. This informative guide—which has practical application across international borders—aids in the understanding of financial reporting standards, income statements, balance sheets, cash flow statements, inventories, long-lived assets, income taxes, and much more. International Financial Statement Analysis Workbook is designed to facilitate information retention and build a strong foundation in financial statement analysis. It’s impossible to tell how well a subject is mastered without applying the relevant concepts to situations based in the real world. International Financial Statement Analysis Workbook offers the opportunity to: • Work topic-specific practice problems to facilitate intuitive understanding • Review each topic quickly using clear chapter summaries • Understand each chapter’s objective to avoid missing key information • Practice important methods and techniques before applying them in the real world International Financial Statement Analysis Workbook, Fourth Edition provides the most up-to-date knowledge and helps to apply that knowledge with carefully constructed problems. 

Table of Contents:
Part I Learning Objectives, Summary Overview, and Problems 1 Chapter 1 Introduction to Financial Statement Analysis 3 Learning Outcomes 3 Summary Overview 3 Problems 5 Chapter 2 Financial Reporting Standards 9 Learning Outcomes 9 Summary Overview 9 Problems 10 Chapter 3 Understanding Income Statements 13 Learning Outcomes 13 Summary Overview 14 Problems 15 Chapter 4 Understanding Balance Sheets 21 Learning Outcomes 21 Summary Overview 21 Problems 23 Chapter 5 Understanding Cash Flow Statements 29 Learning Outcomes 29 Summary Overview 29 Problems 30 Chapter 6 Financial Analysis Techniques 37 Learning Outcomes 37 Summary Overview 37 Problems 38 Chapter 7 Inventories 45 Learning Outcomes 45 Summary Overview 45 Problems 47 Chapter 8 Long-Lived Assets 63 Learning Outcomes 63 Summary Overview 64 Problems 65 Chapter 9 Income Taxes 77 Learning Outcomes 77 Summary Overview 77 Problems 78 Chapter 10 Non-Current (Long-Term) Liabilities 83 Learning Outcomes 83 Summary Overview 83 Problems 85 Chapter 11 Financial Reporting Quality 91 Learning Outcomes 91 Summary Overview 91 Problems 93 Chapter 12 Applications of Financial Statement Analysis 97 Learning Outcomes 97 Summary Overview 97 Problems 98 Chapter 13 Intercorporate Investments 101 Learning Outcomes 101 Summary Overview 101 Problems 102 Chapter 14 Employee Compensation: Post-Employment and Share-Based 113 Learning Outcomes 113 Summary Overview 113 Problems 115 Chapter 15 Multinational Operations 125 Learning Outcomes 125 Summary Overview 125 Problems 127 Chapter 16 Analysis of Financial Institutions 139 Learning Outcomes 139 Summary Overview 139 Problems 140 Chapter 17 Evaluating Quality of Financial Reports 149 Learning Outcomes 149 Summary Overview 149 Problems 151 Chapter 18 Integration of Financial Statement Analysis Techniques 157 Learning Outcomes 157 Summary Overview 157 Problems 158 Part II Solutions 161 Chapter 1 Introduction to Financial Statement Analysis 163 Solutions 163 Chapter 2 Financial Reporting Standards 165 Solutions 165 Chapter 3 Understanding Income Statements 167 Solutions 167 Chapter 4 Understanding Balance Sheets 171 Solutions 171 Chapter 5 Understanding Cash Flow Statements 175 Solutions 175 Chapter 6 Financial Analysis Techniques 179 Solutions 179 Chapter 7 Inventories 183 Solutions 183 Chapter 8 Long-Lived Assets 191 Solutions 191 Chapter 9 Income Taxes 197 Solutions 197 Chapter 10 Non-Current (Long-Term) Liabilities 199 Solutions 199 Chapter 11 Financial Reporting Quality 207 Solutions 207 Chapter 12 Applications of Financial Statement Analysis 211 Solutions 211 Chapter 13 Intercorporate Investments 213 Solutions 213 Chapter 14 Employee Compensation: Post-Employment and Share-Based 219 Solutions 219 Chapter 15 Multinational Operations 225 Solutions 225 Chapter 16 Analysis of Financial Institutions 233 Solutions 233 Chapter 17 Evaluating Quality of Financial Reports 241 Solutions 241 Chapter 18 Integration of Financial Statement Analysis Techniques 245 Solutions 245 About the CFA Program 247