In order to make an informed and meaningful Investment decision in the capital market with respect to the right kind of shares to buy, an Investor must be able to carry out a sound analysis of financial statements via the computation and interpretation of some key fianancial ratios such as Net Asset Per Share, Earnings Per Share, Price Earning Ratio, Dividend Per Share, Current Ratio, Acid Test Ratio, Gearing Ratio, Asset Turnover Ratio among others. Therefore, the need to carry out a sound fundamental analysis by anyone who wants to play successfully in the capital market cannot be over-emphasized.
This rich and easy to read book will be useful to Investors and potential investors in the Nigerian Capital market, Financial Advisers/ Consultants, Lecturers and Students of Financial Accounting who are preparing for Chartered Instutute of Stockbrokers Exerminations and Chartered Institute of Bankers Exerminations.
Some of the topics covered in the book are:
Statements of Accounting Standards, Introduction to Group Accounts, Accounts of Banks, Accounts of Insurance Companies, Acquisition and Merger Accounting, Accounting for Foreign Subsidiaries and Foreign Branches, Accounting Concepts and Conventions, Components and Contents of Financial Statements, Users of Financial Statements, Ratio Analysis for Manufacturing Companies, Ratio Analysis for Banks, Trend Analysis and Inter-Firm Comparison, Common Size Income Statements and Common Size Balance sheet, Z-Score Analysis, Historical Versus Current Cost Accounting, Share Valuation, A-Z Glossary of Accounting Terminologies, Past Questions and Answers.