Preface
Acknowledgments
Chapter 1: Overview of the Companies
The Four Companies
Company 1
Company 2
Company 3
Company 4
Summary
Chapter 2: The "Norm" and the "Forensic" Preliminary Analytics: Basics Everyone Should Know
Liquidity Ratios
Working Capital
Working Capital Index
Working Capital Turnover
Current Ratio
Case Studies: Liquidity Ratios
Profitability Ratios
Gross Profit
Gross Profit Margin
Stock Sales
Return on Equity
Case Studies: Profitability Ratios
Company 1
Horizontal Analysis
Company 1
Company 2
Company 3
Company 4
Vertical Analysis
Company 1
Company 2
Company 3
Company 4
Summary
Chapter 3: The Importance of Cash Flows and Cash Flow Statements
Cash Flows and Net Income
Company 1
Company 2
Company 3
Company 4
Other Cash Flow Techniques
Company 1
Company 2
Company 3
Company 4
Summary
Chapter 4: The Beneish M-Score Model
Company 1
Company 2
Company 3
Indices of the Primary Government
Indices of the Governmental Funds
Company 4
Summary
Notes
Chapter 5: The Accruals
Dechow-Dichev Accrual Quality
The Four Companies: Dechow-Dichev Model
Sloan's Accruals
The Four Companies: Sloan's Model
Jones Nondiscretionary Accruals
The Four Companies: Jones Model
Summary
Notes
Chapter 6: Analysis Techniques Using Historical Financial Statements and Other Company Information
The Piotroski F-Score Model
Company 1
Company 2
Company 3
Company 4
Lev-Thiagarajan's 12 Signals
Company 1
Company 2
Company 3
Company 4
Summary
Notes
Chapter 7: Benford's Law, and Yes - Even Statistics
Benford's Law
Company 1
Company 2
Company 3
Company 4
Simple Statistics
Company 1
Company 2
Company 3
Company 4
Summary
Note
Chapter 8: Grading the Four Companies
Company 1
Company 2
Company 3
Company 4
Summary
Bibliography
About the Author
Index