Техника финансового анализа: Путь к созданию стоимости бизнеса: [Пер. с англ.]

This best-selling practical guide for managers and students of business emphasizes the financial concepts and tools that are essential for making sound business decisions in order to create shareholder value. The book's major appeal for over 35 years, with 500,000 copies in print in 9 languages, has been its direct, concise, no-nonsense approach. The 10th (millennium) edition maintains the unique perspective that any business can be viewed as a dynamic, integrated system of cash flows, which are activated by management decisions. The new edition is integrated with an advanced financial analysis and planning application, Financial Genome, which is available from www.modernsoft.com, together with free templates illustrating the key concepts and diagrams of the book.Check out Financial Genome at http: //www.modernsoft.com Ch. 1. A Systems Context For Financial Management -- Ch. 2. Managing Operating Funds -- Ch. 3. Assessment Of Business Performance -- Ch. 4. Projection Of Financial Requirements -- Ch. 5. Dynamics And Growth Of The Business System -- Ch. 6. Cash Flows And The Time Value Of Money -- Ch. 7. Analysis Of Investment Decisions -- Ch. 8. Cost Of Capital And Business Decisions -- Ch. 9. Analysis Of Financing Choices -- Ch. 10. Valuation And Business Performance -- Ch. 11. Managing For Shareholder Value -- App. I. Financial Analysis Using Financial Genome -- App. Ii. Glossary Of Key Terms And Concepts -- App. Iii. Financial Information And On-line Sources -- App. Iv. Basic Inflation Concepts. Erich A. Helfert. Includes Bibliographical References And Index. Techniques of Financial Analysis, Sixth Edition approaches business as a system of fundamentals which is activated by management decisions, investment, operations and financing. The ValueSource software is essential to analyze your firm's financial performance, financial budgets, business dynamics and business value. This thoroughly updated and revised bestseller is a practical action guide to: managing for shareholder value; understanding your business system; analyzing and projecting financial performance; evaluating capital investments; understanding the cost of capital; choosing financing alternatives; valuing a business and its parts. Any business, large or small, can be described as a system of financial relationships and movements of cash, activated by management decisions.