Resumé
| Originalsprog | Engelsk |
|---|---|
| Tidsskrift | International Journal of Accounting and Finance |
| Vol/bind | 6 |
| Udgave nummer | 1 |
| Sider (fra-til) | 43-61 |
| ISSN | 1752-8224 |
| DOI | |
| Status | Udgivet - 2016 |
Bibliografisk note
CBS Bibliotek har ikke adgang til materialetEmneord
- Accounting education
- Applied finance
- Profitability
- Growth analysis
- Valuation models
- Value relevance
- Teaching
- Education
- DuPont model
- Clean surplus relation
- CSR
- Balance sheet equation
- BSE
- Dividend policy irrelevance
- Financial statements
- Teaching note
Citer dette
}
A Short Integrated Presentation of Valuation, Profitability and Growth Analysis. / Pettersson, Kim; Sørensen, Ole.
I: International Journal of Accounting and Finance, Bind 6, Nr. 1, 2016, s. 43-61.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review
TY - JOUR
T1 - A Short Integrated Presentation of Valuation, Profitability and Growth Analysis
AU - Pettersson, Kim
AU - Sørensen, Ole
N1 - CBS Library does not have access to the material
PY - 2016
Y1 - 2016
N2 - We demonstrate how the valuation models used in finance theory and the profitability and growth analysis taught in financial statement analysis are related. Traditional textbooks on finance and financial statement analysis are often very comprehensive, comprising a vast number of chapters. However, the learning cost associated to this seems to be that many students are unable to understand either the interrelations between the chapters in a financial statement analysis textbook, or the origins of financial information (i.e., financial statements) in applied finance. Thus, the underlying motivation of this teaching note is to highlight the purpose of profitability and growth analysis in financial statement analysis by incorporating the point of value relevance in applied finance. We hope this reduced presentation of valuation and profitability and growth analysis will help students to understand these interrelations. Finally, we offer students the necessary analytical flexibility to create their own coherent profitability and growth analyses.
AB - We demonstrate how the valuation models used in finance theory and the profitability and growth analysis taught in financial statement analysis are related. Traditional textbooks on finance and financial statement analysis are often very comprehensive, comprising a vast number of chapters. However, the learning cost associated to this seems to be that many students are unable to understand either the interrelations between the chapters in a financial statement analysis textbook, or the origins of financial information (i.e., financial statements) in applied finance. Thus, the underlying motivation of this teaching note is to highlight the purpose of profitability and growth analysis in financial statement analysis by incorporating the point of value relevance in applied finance. We hope this reduced presentation of valuation and profitability and growth analysis will help students to understand these interrelations. Finally, we offer students the necessary analytical flexibility to create their own coherent profitability and growth analyses.
KW - Accounting education
KW - Applied finance
KW - Profitability
KW - Growth analysis
KW - Valuation models
KW - Value relevance
KW - Teaching
KW - Education
KW - DuPont model
KW - Clean surplus relation
KW - CSR
KW - Balance sheet equation
KW - BSE
KW - Dividend policy irrelevance
KW - Financial statements
KW - Teaching note
KW - Accounting education
KW - Applied finance
KW - Profitability
KW - Growth analysis
KW - Valuation models
KW - Value relevance
KW - Teaching
KW - Education
KW - DuPont model
KW - Clean surplus relation
KW - CSR
KW - Balance sheet equation
KW - BSE
KW - Dividend policy irrelevance
KW - Financial statements
KW - Teaching note
U2 - 10.1504/IJAF.2016.076557
DO - 10.1504/IJAF.2016.076557
M3 - Journal article
VL - 6
SP - 43
EP - 61
JO - International Journal of Accounting and Finance
JF - International Journal of Accounting and Finance
SN - 1752-8224
IS - 1
ER -