Practical analysis for investment professionals

Financial Statement Analysis


Book Review: Capital Returns

Although a collection of company analyses may not seem like compelling reading, this volume covers an important and underappreciated topic and boasts a superb introduction by one of the great financial writers of our era, Edward Chancellor. Both real-life and fictional examples help readers deepen their understanding of the capital cycle and teach managers and analysts capital cycle pitfalls to avoid.

Non-GAAP Business Performance Measures: An Investor Perspective

Non-GAAP company performance measures are growing in prominence. Is this a good thing for investors who rely so strongly on accounting numbers for evaluating performance and valuing businesses? A recent CFA Institute webinar explored the issue.

The Benefits of Customizing Client Statements

Are customized client statements a good fit for managers and clients?

Is Accrual Accounting Actually Accurate?

Accrual accounting often plays a crucial role in investment decisions. But based as it is on subjective judgment and abstraction, does accrual accounting provide an accurate picture of a business?

Insights from India: Opportunities, Aging Gracefully, and Averting Crises

At the 6th India Investment Conference in Mumbai, sessions discussed the challenges and opportunities facing the investment management industry in India.

Three Clues for Assessing Management

Assessing management is the most difficult analytical task and requires the greatest amount of humility.

Earnings Confessions: What Disclosures Do Investors Prefer?

Modern life requires us to process an ever increasing load of information. For those in the financial markets, earnings seasons turn that daily data deluge into a full-on tidal wave.

If It Is on the Internet, It Can Be Analyzed

Last year I reported on an interesting firm, Thinknum, and its innovative new business model. The company makes sophisticated financial models available to everyone on an open, distributed computing platform. It is one of a handful of firms at the cutting edge, and I felt it was time for a check in with Thinknum’s co-founders, Justin Zhen and Gregory Ugwi.

Earnings Estimates and Investment Decision Making

Earlier this week we polled CFA Institute Financial Newsbrief readers, asking, “To what degree do earnings estimates factor into your investment decision making?”

XBRL Will Change Your Research Analyst Life

XBRL promises to change your life as a research analyst and the founders of Calcbench tell you how.



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close