Introduction to investing and valuation -- Introduction to the financial statements -- How financial statements are used in valuation -- Cash accounting, accrual accounting, and discounted cash flow valuation -- Accrual accounting and valuation pricing book values -- Accrual accounting and valuation : pricing earnings -- Valuation and active investing -- Viewing the business through the financial statements -- The analysis of the statement of shareholders' equity -- The analysis of the balance sheet and income statement -- The analysis of the cash flow statement -- The analysis of profitability -- The analysis of growth and sustainable earnings -- The value of operations and the evaluation of enterprise price-to-book ratios and price-earnings ratios -- Anchoring on the financial statements : simple forecasting and simple -- Full-information forecasting, valuation, and business strategy analysis -- Part 4: Accounting analysis and valuation -- Creating accounting value and economic value -- Analysis of the quality of financial statements -- The analysis of equity risk and return for active investing -- The analysis of credit risk and return

1. Financial statements -- Evaluation
2. Investment analysis