Part I: Framework
A Framework for Business Analysis and Valuation Using Financial Statements
Part II: Business Analysis and Valuation Tools
Strategy Analysis
Overview of Accounting Analysis
Implementing Accounting Analysis
Financial Analysis
Prospective Analysis: Forecasting
Prospective Analysis: Valuation Theory and Concepts
Prospective Analysis: Valuation Implementation
Part III: Business Analysis and Valuation Applications
Equity Security Analysis
Credit Analysis and Distress Prediction
Mergers and Acquisitions
Communication and Governance

BUSINESS ANALYSIS & VALUATION: USING FINANCIAL STATEMENTS, 5E has a valuation emphasis and focuses on a four-part framework: (1) business strategy analysis for developing an understanding of a firm's competitive strategy (2) accounting analysis for representing the firm's business economics and strategy in its financial statements and for developing adjusted accounting measures of performance (3) financial analysis for ratio analysis and cash flow measures of operating and (4) prospective analysis. The text shows how this business analysis and valuation framework can be applied to a variety of decision contexts: securities analysis, credit analysis, corporate financing policies analysis, mergers and acquisitions analysis and governance and communication analysis.