Ⅰ 财务报表分析论文参考文献
你好！！！
[参考文献]
[1]公司财务报告与分析.北京:财经出版社.
[2]财务报表分析.大连:经济科学出版社.
Ⅱ 请高手帮找一篇财务报表分析（financial statement analysis）的外文论文，并帮忙翻译一下，谢谢
Fundamental analysis of a business involves analyzing its financial statements and health, its management and competitive advantages, and its competitors and markets. The term is used to distinguish such analysis from other types of investment analysis, such as quantitative analysis and technical analysis.
Fundamental analysis is performed on historical and present data, but with the goal of making financial forecasts. There are several possible objectives:
* to conct a company stock valuation and predict its probable price evolution,
* to make projection on its business performance,
* to evaluate its management and make internal business decisions,
* to calculate its credit risk.
Two analytical models
When the objective of the analysis is to determine what stock to buy and at what price, there are two basic methodologies.
1. Fundamental analysis maintains that markets may misprice a security in the short run but that the "correct" price will eventually be reached. Profits can be made by trading the mispriced security and then waiting for the market to recognize its "mistake" and reprice the security.
1. Technical analysis maintains that all information is reflected already in the stock price, so fundamental analysis is a waste of time. Trends 'are your friend' and sentiment changes predate and predict trend changes. Investors' emotional responses to price movements lead to recognizable price chart patterns. Technical analysis does not care what the 'value' of a stock is. Their price predictions are only extrapolations from historical price patterns.
Investors can use both these different but somewhat complementary methods for stock picking. Many fundamental investors use technicals for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible stock to 'good' companies.
The choice of stock analysis is determined by the investor's belief in the different paradigms for "how the stock market works". See the discussions at efficient market hypothesis, random walk hypothesis, Capital Asset Pricing Model, Fed model Theory of Equity Valuation, Market-based valuation, and Behavioral finance.
Use by different portfolio styles
Investors may use fundamental analysis within different portfolio management styles.
* Buy and hold investors believe that latching onto good businesses allows the investor's asset to grow with the business. Fundamental analysis lets them find 'good' companies, so they lower their risk and probability of wipe-out.
* Managers may use fundamental analysis to correctly value 'good' and 'bad' companies. Even 'bad' companies' stock goes up and down, creating opportunities for profits.
* Contrarian investors distinguish "in the short run, the market is a voting machine, not a weighing machine"[1]. Fundamental analysis allows you to make your own decision on value, and ignore the market.
* Value investors restrict their attention to under-valued companies, believing that 'it's hard to fall out of a ditch'. The value comes from fundamental analysis.
* Managers may use fundamental analysis to determine future growth rates for buying high priced growth stocks.
* Managers may also include fundamental factors along with technical factors into computer models (quantitative analysis).
Top-down and Bottom-up
Investors can use either a top-down or bottom-up approach.
* The top-down investor starts his analysis with global economics, including both international and national economic indicators, such as GDP growth rates, inflation, interest rates, exchange rates, proctivity, and energy prices. He narrows his search down to regional/instry analysis of total sales, price levels, the effects of competing procts, foreign competition, and entry or exit from the instry. Only then does he narrow his search to the best business in that area.
* The bottom-up investor starts with specific businesses, regardless of their instry/region.
Proceres
The analysis of a business' health starts with financial statement analysis that includes ratios. It looks at dividends paid, operating cash flow, new equity issues and capital financing. The earnings estimates and growth rate projections published widely by Thomson Financial and others can be considered either 'fundamental' (they are facts) or 'technical' (they are investor sentiment) based on your perception of their validity.
The determined growth rates (of income and cash) and risk levels (to determine the discount rate) are used in various valuation models. The foremost is the discounted cash flow model, which calculates the present value of the future
* dividends received by the investor, along with the eventual sale price. (Gordon model)
* earnings of the company, or
* cash flows of the company.
The simple model commonly used is the Price/Earnings ratio. Implicit in this model of a perpetual annuity (Time value of money) is that the 'flip' of the P/E is the discount rate appropriate to the risk of the business. The multiple accepted is adjusted for expected growth (that is not built into the model).
Growth estimates are incorporated into the PEG ratio but the math does not hold up to analysis.[neutrality disputed] Its validity depends on the length of time you think the growth will continue.
Computer modelling of stock prices has now replaced much of the subjective interpretation of fundamental data (along with technical data) in the instry. Since about year 2000, with the power of computers to crunch vast quantities of data, a new career has been invented. At some funds (called Quant Funds) the manager's decisions have been replaced by proprietary mathematical models.[2]
Criticisms
* Some economists such as Burton Malkiel suggest that neither fundamental analysis nor technical analysis is useful in outperforming the markets[3]
Ⅲ 关于企业财务分析的相关英文参考文献
1、Christian Gollier. Discounting an uncertain future .Journal of Public Economics, 2002
2、LEBAS MICHEL,EUSKE KEN. A Conceptual and Operational Delineation of Performance .Business Performance Measurement Theory and Practice. 2002, :89-93 .
3、 Charles T.Horngren.Introction to Management Accounting.Prentice Hall.1998
Ⅳ 企业财务分析报表的参考文献
建议ＣＮＫＩ找下就成 [1] 沙洁. 企业财务报表分析[J]. 财会研究 , 2004,(10) . [2] 石玉华 ,沈斌 ,刘广丽. 试论企业财务报表分析的局限性及对策[J]. 统计与咨询 , 2004,(04) . [3] 郑雷. 企业财务报表分析的局限性[J]. 大众科技 , 2004,(03) . [4] 朱红. 财务报表分析的实例演示[J]. 水运管理 , 2004,(09) . [5] 王冰. 浅析企业财务报表分析[J]. 山西统计 , 2003,(12) . [6] 李雪梅. 浅议财务报表分析[J]. 辽宁经济职业技术学院.辽宁经济管理干部学院学报 , 2004,(04) . [7] 徐洁. 浅谈企业财务报表分析[J]. 内蒙古科技与经济 , 2005,(06) . [8] 石裕祥. 财务报表分析应注意的问题[J]. 财会通讯 , 2003,(09) . [9] 戴小红,黄凌云,刘春泉. 利用财务报表分析企业经营业绩的几点认识[J]. 农业科研经济管理 , 2004,(03) . [10] 王广斌. 上市公司财务报表分析的基本原理与方法[J]. 山西高等学校社会科学学报 , 2004,(10) . [1] 池俊华,于扬. 上市公司财务状况综合评价指标体系的构建[J]哈尔滨市委党校学报 , 2002,(03) . [2] 易晓文,陈健芬. 上市公司财务状况综合评价指标试系的构建[J]辽宁财专学报 , 1999,(01) . [3] 张福康. 对上市公司获利能力及稳定性指标的分析与评价[J]甘肃省经济管理干部学院学报 , 2003,(01) . [4] 刘晓梅. 知识经济条件下企业考核指标体系的思考[J]东北财经大学学报 , 2001,(01) . [5] 曲永岗,黄健元. 基于模糊优选模型的水运企业绩效综合评价[J]港工技术 , 2003,(01) . [6] 董明志. 关于企业盈利能力评价指标的改进[J]财会月刊 , 2000,(12) . [7] 杜鹏. 上市公司市场价值评价分析[J]工业技术经济 , 2002,(04) . [8] 汪强. 资本结构与上市公司盈利能力——家电行业的实证分析[J]北方经贸 , 2004,(06) .
Ⅳ 财务分析报告的参考文献有哪些啊
[1]孙勇来.探讨如何从企业财务管自理中进行成本控制.经营管理者[J].2011，02
[2]周璟.对企业财务报表分析的若干思考.中小企业管理与科技[J].2011，04
[3]宋宝.基于上市公司合并财务报表的逻辑框架分析———以青岛海尔为例.财会通讯[J].2010，07
[4]王赵亮.完善我国财务报表分析的思考.中国管理信息化[J]2011，04
[5]罗京媛. 浅析新企业会计准则下的财务报表分析[J]. 2011,01
[6] 李争光.陈桂红.会计报表分析指标体系改进研究[J].2011,02
[7] 吴革.财务报告舞弊特征研究的实证发现.文献综述与评论.财会通讯[J]2009，01
[8] 张先治.基于管理者决策与控制的财务分析一企业内部报告的财务分析应用.《财会月刊》［M］2010,03
Ⅵ 财务报表分析参考文献有哪些
建议CNKI找下就成[1]沙洁.企业财务报表分析[J].财会研究,2004,(10).[2]石玉华,沈斌,刘广丽.试论企业财务报内表分析的局限性容及对策[J].统计与咨询,2004,(04).[3]郑雷.企业财务报表分析的局限性[J].大众科技,2004,(03).[4]
Ⅶ 关于财务报表分析的英文版参考文献
Richard Loth. Select Winning Stocks Using Financial Statements. Dearborn Financial Publishing, 1999
Ⅷ 论文求书：xx公司财务报表分析和财务预警（参考文献）
我也要，有的话可以顺便传给我
Ⅸ 求 论文 某某公司的财务报表分析 的外文 参考文献 以及 两专著参考文献
你打开万方数据、维普资讯就可以查到。实在写不到，去那个（诸葛文库）看下，我去年的外文文献在那你代找的