Leading investment expert Martin Fridson and Fernando Alvarez return with Financial Statement Analysis, 5th Edition, offering the analytical framework required to examine financial statements, whether you’re assessing a company’s stock price or figuring out valuations for a merger or acquisition. Instead of accepting financial statements at face value, you will discover useful and uncomplicated analytical methods for determining the truth behind the figures. In today’s unpredictable economy and volatile markets, this completely updated and redesigned 5th edition provides new information to assist you assess financial statements. Distinguishing between informative and deceptive non-GAAP alternatives has become necessary due to the waning relationship between GAAP earnings and stock prices.