This book is the definitive guide to cash flow statement analysis
and forecasting. It takes the reader from an introduction about how
cash flows move within a business, through to a detailed review of
the contents of a cash flow statement. This is followed by detailed
guidance on how to restate cash flows into a template format. The
book shows how to use the template to analyse the data from start
up, growth, mature and declining companies, and those using US GAAP
and IAS reporting. The book includes real world examples from such
companies as Black and Decker (US), Fiat (Italy) and Tesco (UK). A
section on cash flow forecasting includes full coverage of
spreadsheet risk and good practice. Complete with chapters of
particular interest to those involved in credit markets as lenders
or counter-parties, those running businesses and those in equity
investing, this book is the definitive guide to understanding and
interpreting cash flow data.
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