Barry University accounting professor co-authors ‘International Financial Statement Analysis’ book
Oct 18, 2010
Miami Shores, FL. - Barry University accounting professor, Michael A. Broihahn, is the co-author of a new book titled, “International Financial Statement Analysis.”
The book is part of a Chartered Financial Analysts (CFA) Institute Investment Series whose lead co-author, Thomas R. Robinson, PhD, is managing director for the educational division of CFA Institute, a global, non-profit association of investment professionals. According to Robinson, Broihahn brought a “wealth of knowledge and experience” to the project thanks to his “expertise and credentials” in both accounting and financial analysis. He went on to say Broihahn “added greatly to making this book a key resource” for investment professionals.
“It was an honor to work on a book that will help finance professionals better understand international standards for accounting policies in companies throughout the world,” said Broihahn, who worked on the book over the course of two years.
The book seeks to help professionals in the finance world better understand international financial accounting policies and also serve as a text for students studying the profession. The challenge for many is being able to compare domestic companies with ones overseas on an equal playing field or compare policies “apples to apples.” This book, the author’s hope, will make that process simpler.
“The book is a primer on how to analyze financial statements from the perspective of an investor or creditor,” said Robinson. “It goes beyond traditional accounting books which tend to focus on preparers of financial statements for a particular country, it covers how to understand, compare and analyze financial statements across the globe to gain a better perspective on the financial health of a company.
CFA Institute boasts partnerships with more than 100 universities the world over. These institutions incorporate the CFA Program Candidate Body of Knowledge and the Code of Ethics and Standards of Professional Conduct in their business and finance degree programs. They help ground academic curricula in relevant, real-world knowledge and ethical decision making, bridging the gap between theory and practice, and ultimately building a stronger global investment profession.
“This is a true testament to professor Broihahn’s dedication to an education of the highest quality,” said business school dean, Dr. Tomislav Mandakovic. “The textbook will not only provide critical training in international financial statements to students in the U.S. but also to students from around the world. We are honored to have him and sincerely congratulate him for his well-deserved recognition.”
As the largest association of investment professionals in the world, with over 100,000 members and over 130 regional societies located on six continents, CFA Institute is able to offer significant opportunities for mutually beneficial global partnerships promoting the highest ethical standards and offering a range of educational opportunities online and around the world.
Professor Broihahn received his Bachelor of Science, Master of Business Administration and Master of Science degrees from the University of Wisconsin. He is licensed as a Certified Public Accountant (CPA) in Florida and Wisconsin, and holds the professional credentials of Certified Internal Auditor (CIA), Certified Management Accountant (CMA), Certified in Financial Management (CFM), Chartered Financial Analyst (CFA), Certified Financial Planner (CFP) and Certified Fund Specialist (CFS). Broihahn also earned a Graduate Gemologist Diploma from the Gemological Institute of America.