||5 of 5 people found the following review helpful.| An interesting complement to the finance valuation perspective|By Jackal|This is an interesting complement to Valuation: Measuring and Managing the Value of Companies, 5th Edition (Wiley Finance), which presents a finance perspective on valuation (read cash flow). The current book presents an accounting perspective on valuation. The writing style is not totally clear and I've||Penman's book...contains gems on every page – to the point that no one who deals with the market in any capacity should pass by this text until they have committed to memory as many points therein as their limited, mark one, human brains, can hold. (Ant
Despite their skills and extensive training, many analysts fail to recognize the basics of good accounting and its deployment in valuation. By focusing on abstract concepts such as measurement basis, exit values, and entity concepts, they miss out on the benfits of a practical approach to valuation. While modern finance has advanced important concepts, including diversification and risk measurement, effective and efficient accounting merges these tools with fund...
[PDF.qj19] Accounting for Value (Columbia Business School Publishing) Rating: 3.88 (618 Votes)
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You can specify the type of files you want, for your device.Accounting for Value (Columbia Business School Publishing) | Stephen Penman. Just read it with an open mind because none of us really know.
