5)Balance Sheet 6)Income Statement 7)Statement of Shareholders'Equity 8)Statement of Cash Flows 9)Links Between Financial Statements 10)Additional Information 3.问题与应用（能力要求） 1)What is fundamental analysis? 2)What are the purpose of each financial statement and linkages between them? Section 3 Financial Statement Analysis Preview 1.主要内容 1)Areas of Preliminary Analysis 2)Comparative Financial Statement Analysis 3)Common-Size Financial Statement Analysis 4)Ratio Analysis 5)Cash Flow Analysis 2.基本概念和知识点 1)Year-to-Year Change Analysis 2)Index-Number Trend Analysis 3)Factors Affecting Ratios 4)Ratio Interpretation 5)Illustration of Ratio Analysis 3.问题与应用（能力要求） 1)What are the advantages and disadvantages of various analytical tools? Section 4 Specialized Analysis Tools and Financial Statements 1.主要内容 1 Valuation Models 2)Analysis in an Efficient Market 3)Earnings Measurement 4)Measurement in the Balance Sheet 5)Analyze and measure earnings quality 2.基本概念和知识点 1)Debt Valuation 2）Equity Valuation 3 3 5) Balance Sheet 6) Income Statement 7) Statement of Shareholders’ Equity 8) Statement of Cash Flows 9) Links Between Financial Statements 10) Additional Information 3. 问题与应用（能力要求） 1) What is fundamental analysis? 2) What are the purpose of each financial statement and linkages between them? Section 3 Financial Statement Analysis Preview 1. 主要内容 1) Areas of Preliminary Analysis 2) Comparative Financial Statement Analysis 3) Common-Size Financial Statement Analysis 4) Ratio Analysis 5) Cash Flow Analysis 2. 基本概念和知识点 1) Year-to-Year Change Analysis 2) Index-Number Trend Analysis 3) Factors Affecting Ratios 4) Ratio Interpretation 5) Illustration of Ratio Analysis 3. 问题与应用（能力要求） 1) What are the advantages and disadvantages of various analytical tools? Section 4 Specialized Analysis Tools and Financial Statements 1. 主要内容 1) Valuation Models 2) Analysis in an Efficient Market 3) Earnings Measurement 4) Measurement in the Balance Sheet 5) Analyze and measure earnings quality 2. 基本概念和知识点 1) Debt Valuation 2) Equity Valuation