International Financial Statement Analysis Workbook

Thomas R. Robinson, CFA, is Managing Director, Education Division of CFA Institute, where he leads and develops the teams responsible for producing and delivering educational content and examinations to candidates, members, and other investment professionals encompassing the CFA Program, CIPM Program, Lifelong Learning, Private Wealth, Publications, and Conferences. Hennie Van Greuning, CFA, is a Senior Advisor at the World Bank. His World Bank publication on International Financial Reporting Standards has appeared in four editions. Mr. van Greuning has also coauthored Analyzing and Managing Banking Risk. Elaine Henry, CFA, is an Assistant Professor of Accounting at the University of Miami, where she teaches courses in accounting, financial statement analysis, and valuation. After working in corporate finance at Lehman Brothers, strategy consulting at McKinsey & Company, and corporate banking at Citibank, she obtained a PhD from Rutgers University where she majored in accounting and minored in finance. Michael A. Broihahn, CFA, is an Associate Professor of Accounting and the Director of Graduate Programs at Barry University in Miami, Florida. His teaching and research interests encompass financial accounting, auditing, and professional ethics. He currently serves CFA Institute in a number of capacities.

PART I: Learning Outcomes, Summary Overview, and Problems. CHAPTER 1: Financial Statement Analysis: An Introduction. CHAPTER 2: Financial Reporting Mechanics. CHAPTER 3: Financial Reporting Standards. CHAPTER 4: Understanding the Income Statement. CHAPTER 5: Understanding the Balance Sheet. CHAPTER 6: Understanding the Cash Flow Statement. CHAPTER 7: Financial Analysis Techniques. CHAPTER 8: International Standards Convergence. CHAPTER 9: Financial Statement Analysis: Applications. CHAPTER 10: Inventories. CHAPTER 11: Long-Lived Assets. CHAPTER 12: Income Taxes. CHAPTER 13: Long-Term Liabilities And Leases. CHAPTER 14: Employee Compensation: Postretirement And Share-Based. CHAPTER 15: Intercorporate Investments. CHAPTER 16: Multinational Operations. CHAPTER 17: Evaluating Financial Reporting Quality. PART II: Solutions. CHAPTER 1: Financial Statement Analysis: An Introduction. CHAPTER 2: Financial Reporting Mechanics. CHAPTER 3: Financial Reporting Standards. CHAPTER 4: Understanding the Income Statement. CHAPTER 5: Understanding the Balance Sheet. CHAPTER 6: Understanding the Cash Flow Statement. CHAPTER 7: Financial Analysis Techniques. CHAPTER 8: International Standards Convergence. CHAPTER 9: Financial Statement Analysis: Applications. CHAPTER 10: Inventories. CHAPTER 11: Long-Lived Assets. CHAPTER 12: Income Taxes. CHAPTER 13: Long-Term Liabilities And Leases. CHAPTER 14: Employee Compensation: Postretirement And Share-Based. CHAPTER 15: Intercorporate Investments. CHAPTER 16: Multinational Operations. CHAPTER 17: Evaluating Financial Reporting Quality. About the CFA Program.