Financial Statement Analysis and Security Valuation
Editorial Reviews Product Description This book describes valuation as an exercise in financial statement analysis. Students learn to view a firm through its financial statements and to carry out the appropriate financial statement analysis to value the firm's debt and equity. The book takes an activist approach to investing, showing how the analyst challenges the current market price of a share by analyzing the fundamentals. With a careful assessment of accounting quality, accounting comes to life as it is integrated with the modern theory of finance to develop practical analysis and valuation tools for active investing.

About the Author Stephen Penman is the L.H. Penney Professor of Accounting at the University of California at Berkeley. He received his Ph.D. from the University of Chicago in 1978. He has published extensively in the Journal of Accounting and Economics, the Journal of Accounting Research, and the Contemporary Accounting Research journal. he currently on the editorial board of the Review of Accounting Studies. He is known around the world for his reserch in Financial Accounting.

论坛上也有此书，但是是双页的低质量扫描版本。这里发的是从一个较高质量的扫描版本经过scantailer、comicenhancer pro等调整过的，文字清晰，版面整齐。

因为有人反应zip文件问题不小，打包的还是取消下载好了。现在改为把章节给切开了。
ps.四楼的压缩包没用了，请勿下载。