Financial analysis

The third, completely updated edition of the book takes into account all the changes in accounting that have come into force since 2016. The new legislation brought changes to the financial statements used in financial analysis.
The experienced authors have prepared a new case study, with a sample financial analysis of a real business and thorough commentary, which runs through the entire book and illustrates the interpretation in a practical way.
The book will show you step by step how to perform a good financial analysis to get information about financial health and what needs to be done to improve the company's performance.
The great strength of the book is its close connection with practice, a number of practical examples for practice and a clear and understandable interpretation with a number of illustrative diagrams. The chapter on the weaknesses of classical financial analysis is also valuable; the authors point out in particular the problems associated with the use of financial statements and show possible solutions to this problem.
The book is intended not only for managers, entrepreneurs, corporate finance specialists and university students, but also for others who want to learn about the opportunities leading to increased financial performance.