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Financial analysis in Hong Kong

Kwok, Benny K. B.,

Financial analysis in Hong Kong qualitative examination of financial statements for CEOs and board members / [electronic resource] : Benny K.B. Kwok. - Second edition. - Baltimore, Maryland : Project Muse, 2013. Hong Kong [China] : Chinese University Press, 2013. - 1 online resource (1 PDF (xvi, 272 pages) :) illustrations.

Issued as part of UPCC book collections on Project MUSE.

Includes bibliographical references (pages [263]-266) and index.

Regulatory framework of financial reporting in Hong Kong -- Accounting and auditing in financial analysis -- Key components of financial statements -- Accounting ratios -- Significance of accounting ratios in financial analysis -- Significance of cash in financial analysis -- Quality of profits -- Quality of governance -- Common-size analysis, trend analysis, cost-volume-profit analysis and common sense -- Macro-financial analysis.

Financial statements facilitate the communication between corporations and various stakeholders. The integrity, stability and transparency of such communication help preserving Hong Kong as a top global financial centre.To many laypersons, looking through financial statements can be like reading novels in a foreign language, with a sea of jargon obscuring the statements' true meaning. Financial Analysis in Hong Kong 2nd Edition is a product of experience, feedback and chapter review as well as an update of the changes in practices, guidelines, standards and legislations since its 1st edition in 2008. This 2nd edition provides a clear, concise reference for analysing corporations' financial statements.Based on the evaluations of published financials, this book is a convenient standalone guide for both novices and financial professionals in the boardroom and beyond.

9789629969219


Corporations--Finance.--China--Hong Kong
Financial statements--China--Hong Kong.


Electronic books.
Electronic books.

HF5681.B2 / K864 2013

657.3 / K854