Wahlen, Baginski, and Bradshaw offer a textbook for students of accounting on financial reporting, analyzing financial statements, and determining the value of a company. Their six-step
approach entails industry economics, business strategy, accounting principles and quality of accounting information, assessment of profitability and risk, forecasts of future profitability and
risk, and valuation of firms. Their topics include asset and liability valuation and income recognition, accounting quality, investing activities, risk-adjusted expected rates of return and the
dividends valuation approach, and market-based approaches to valuation. Annotation ©2015 Ringgold, Inc., Portland, OR (protoview.com)
