Request for consultation

Thanks for your request. You’ll soon be chatting with a consultant to get the answers you need.
Your form is submitting...
{{formPostErrorMessage.message}} [{{formPostErrorMessage.code}}]
First Name is required. 'First Name' must contain at least 0 characters 'First Name' cannot exceed 0 characters Please enter a valid First Name
Last Name is required. 'Last Name' must contain at least 0 characters 'Last Name' cannot exceed 0 characters Please enter a valid Last Name
Email Address is required. 'Email Address' must contain at least 0 characters 'Email Address' cannot exceed 0 characters Please enter a valid Email Address
Institution is required.
Discipline is required.
Country is required.
State is required.
Cengage, at your service! How can we best meet your needs? is required.
Why are you contacting us today? is required. 'Why are you contacting us today?' must contain at least 0 characters 'Why are you contacting us today?' cannot exceed 0 characters Please enter a valid Why are you contacting us today?

Business Analysis and Valuation: Using Financial Statements, 3rd Edition | AU/NZ

Krishna G. Palepu, Paul M. Healy, Sue Wright, Michael Bradbury, Jeff Coulton

  • {{checkPublicationMessage('Published', '2020-10-13T00:00:00+0000')}}
Starting At $79.95 See pricing and ISBN options
Business Analysis and Valuation: Using Financial Statements 3rd Edition by Krishna G. Palepu/Paul M. Healy/Sue  Wright/Michael Bradbury/Jeff Coulton

Overview

The only local text in the market, Business Analysis and Valuation provides a framework for understanding and using financial statements for business students and practitioners.

Developed specifically for students undertaking accounting valuation subjects, the text is unique in its approach which introduces and develops a framework for business analysis and valuation using financial statement data, then shows how to apply this framework to a variety of decision contexts.

All chapters of this edition have been updated to include the latest regulations, practices and examples from both the financial markets and research. Industry insights from practitioners and other experts have been added to each chapter, giving students a practical, real-life understanding of how the content they are learning translates to the workplace.

With an increased number of real-business Asia-Pacific case studies exploring various issues, including a running chapter example, and references to recent research in this field, the text offers local context and a practical and in-depth approach.

Krishna G. Palepu

Krishna G. Palepu joined the faculty of the Harvard Business School in 1983. He is the Ross Graham Walker Professor of Business Administration and Senior Advisor to the President of Harvard University. Professor Palepu's current research and teaching activities focus on strategy and governance. Professor Palepu has published numerous academic and practitioner-oriented articles and case studies on these issues. He has served on a number of public company and non-profit boards. He has also been on the Editorial Boards of leading academic journals, and has served as a consultant to a wide variety of businesses. Krishna Palepu is a researcher at the National Bureau of Economic Research (NBER) and a fellow of the International Academy of Management. Professor Palepu has a master's degree in physics from Andhra University, a post-graduate diploma in management from the Indian Institute of Management Calcutta, a doctorate in management from the Massachusetts Institute of Technology, and an honorary doctorate from the Helsinki School of Economics and Business Administration.

Paul M. Healy

Paul Healy is the James R. Williston Professor at the Harvard Business School. His research covers a broad range of topics, including white collar crime, governance, business ethics, financial analysis and Wall Street research. He joined the HBS faculty in 1998, after fourteen years on the faculty at the M.I.T. Sloan School of Management, where he received awards for teaching excellence in 1991, 1992 and 1997. He received accounting and finance degrees from Victoria University in New Zealand (1976 and 1977) and a PhD from the University of Rochester (1981). He has published widely in the leading academic and practitioner journals and has received numerous research rewards. He has taught MBA and executive courses on accounting, financial analysis, corporate boards and ethical leadership.

Sue Wright

Sue Wright is a Professor of Accounting and Head of Department at UTS Business School. Her research interests include corporate governance, financial reporting and valuation, and business education. Sue has taught financial statement analysis for over 20 years, and supervises many PhD and Masters students. She was awarded Fellow membership of the Accounting and Finance Association of Australia and New Zealand in 2014.

Michael Bradbury

Michael Bradbury is Professor of Accounting at Massey University, Albany, and FCA of the New Zealand Institute of Chartered Accountants. His research has examined issues in financial reporting and financial analysis. Michael became a life member of the Accounting and Finance Association of Australia and New Zealand in 2002 and received the Outstanding Contribution to Practice Award in 2001.

Jeff Coulton

Jeff Coulton is a Senior Lecturer in the UNSW Business School. Jeff’s research interests include earnings and audit quality, voluntary disclosure, executive remuneration and corporate governance. He has recently been involved in research with NASA on the technical and economic feasibility of off-earth mining. Jeff has been teaching financial statement analysis classes to undergraduate, postgraduate coursework and MBA students for over 10 years.
  • NEW locally authored case studies added throughout Parts 1-3 of the chapter contents. New standalone cases help refresh your course and provide updated examples for students. Harvard cases from previous editions have been replaced by locally authored cases in Part 4 for more relevancy
  • A NEW Asia–Pacific example has been integrated across the chapters. Kathmandu Limited, an outdoor equipment and clothing retailer, is used to illustrate the concepts and practice of financial analysis. The retail industry in the region remains competitive and subject to ongoing competitive challenges, yet is well known to students
  • NEW 'Industry Insights' feature showcases insider insights into the industry
  • Three NEW resources for instructors using this edition. First, two online-only cases covering Dilligent and Rubicon are included in the instructor resources for download. A new business valuation template in Excel helps with the practical application of theory for all the case studies within the book. Last, a new Test Bank is also available in Word, written especially for and by ANZ instructors
  • The only local text book on the market, featuring ANZ companies and data that are easily and immediately relatable to students
  • A practical, staged approach – takes students through the steps of analysis to help their understanding
  • Shorter case studies running throughout Parts 1-3 are ideal for tutorial-based discussion and learning, where longer cases in Part 4 of the contents are ideal for extended study. Ongoing cases through Parts 1-3 featuring Kathmandu (chapter 2 - 8, and 10), Bunnings (chapter 11), and GetSwift (chapter 12), help with continuity through the semester
PART 1 Framework
1 A framework for business analysis and valuation using financial statements

PART 2 Business analysis and valuation tools
2 Strategy analysis
3 Overview of accounting analysis
4 Implementing accounting analysis
5 Financial analysis
6 Prospective analysis: Forecasting
7 Prospective analysis: Valuation theory and concepts
8 Prospective analysis: Valuation implementation

PART 3 Business analysis and valuation applications
9 Equity security analysis
10 Credit analysis and digress prediction
11 Mergers and acquisitions
12 Communication and governance

PART 4 Additional cases
Case 1 Qantas
Case 2 Airlines: Depreciation differences
Case 3 Recasting financial statements
Case 4 Cochlear: Provisions and patent disputes
Case 5 Accounting analysis: Case flow reconciliation
Case 6 Valuation ratios in the retail industry 2010 to 2013
Case 7 Dick Smith
Case 8 Resinex
Case 9 Foster’s-Southcorp merger

Textbook Only Options

Traditional eBook and Print Options

{{collapseContainerClosed['detail_0'] ? 'Show More' : 'Show Less'}}

  • ISBN-10: 0170450783
  • ISBN-13: 9780170450782
  • RETAIL $79.95

  • ISBN-10: 0170425185
  • ISBN-13: 9780170425186
  • RETAIL $174.95