Fundamental Analysis Worldwide: Investing and Managing Money in International Capital Markets, Vol. 1 - Haksu Kim - Hardcover - BK&DISK

Armed with high-speed modems and real-time software tools, investors now have access to vital, up-to-the-minute information about financial conditions everywhere in the world. Yet, for all that modern information and telecommunications technology has done to facilitate history2s first true global economy, it has done little to solve an old and increasingly frustrating problem. Accounting standards and financial reporting requirements can vary radically from one country to the next. As a consequence, analysts run the risk of seriously misinterpreting crucial financial information in assessing the investment potential of individual international offerings. Now, in a book whose time has come, Haksu Kim describes his unique standardized method of reporting international corporate financial information. Using the tools and techniques contained in this book/disk set, you can confidently evaluate the stock of any international corporation on the basis of comparable data and develop customized client databases. In this eye-opening first volume, Mr. Kim explains how his breakthrough system works and how to make it work for you. With the help of numerous real-world examples and myriad charts, graphs, and other graphical indexes, he comparatively reviews the three primary data sources of international security analysis-income statements, balance sheets, and cash flow statements-as well as secondary sources, including diversification of operating activities, diversification of capital, shareholders2 information, and management information. He then shows you how to use the software tools provided on the enclosed disk to create a sophisticated analytical database with which to run detailed comparative analyses by referencing those data sources as well as macroeconomic information, by country and by industry. At last, the flood of financial information regularly released to the public by corporations around the world can be a source of enlightenment rather than confusion. Investors, securities analysts, creditors, and researchers can develop rational, standardized methods for analyzing this data with reasonable certainty that specific types of information will carry consistent meaning from company to company, from industry to industry, and from region to region. And don2t miss this book2s companion volumes, astonishingly rich sources of vital financial information on more than 1,000 international corporations operating in the major industrialized regions of the world: Volume II: North America; Volume III: Europe A-M; and Volume IV: Europe N-Z. How do I compare the operating ratios of an American company with those of a similar company operating in South Korea or Mexico? How can I predict the growth potentials of six subsidiaries operating in six different countries and their impact on the parent company2s financial statements? How do I evaluate the international positions of equity securities, preferred equity securities, and corporate fixed-income securities for a client who wants to diversify his or her portfolio? Find the answers to these and dozens of other crucial financial analysis questions in Fundamental Analysis Worldwide. Whenever financial statement data is communicated between countries with conflicting accounting standards and reporting requirements, potential for misunderstanding and misrepresentation abounds. This unique book/software package supplies you with all the tools and techniques you need to confidently evaluate the earning potential of any international stock, based on corporate financial statements and local economic conditions. Fundamental Analysis Worldwide, Volume I: Financial Statement Analysis: Describes the first and only standardized method for reporting international corporate financial information Comparatively reviews the primary and secondary data sources for international security analysis Illustrates concepKim, Haksu is the author of 'Fundamental Analysis Worldwide: Investing and Managing Money in International Capital Markets, Vol. 1 - Haksu Kim - Hardcover - BK&DISK' with ISBN 9780471122296 and ISBN 0471122297.