Economic groups (EGs) follow objective economic rules, demands of practice and current trends of development. As a result, they have continued to thrive and develop since their establishment in the market economy. Economic groups are formed through the combination of endogenous and exogenous development, economic linkages or established by the decisions of governments. The main aims of economic groups are to accumulate capital from many small business entities, to enhance financial capability, to participate in the global supply chain of goods and services, to enhance market competitiveness and to maximize their owners’benefits. Economic groups in Vietnam possess the same general goals and origins of establishment. Since economic groups are established by mergers, acquisitions and consolidations of other companies, they have more complex economic transactions, a wider scope of operations and more diversified business than those of separate entities. Consequently, economic groups are more strictly managed and controlled by their management team and shareholders than those of separate entities. Therefore, studying economic group management tools, including financial management tools within Vietnamese economic groups, is an urgent theoretical and practical requirement in the current market economy.

The Academy of Finance (AOF) is one of the leading finance and accounting training institutions in Vietnam. For over 55 years, The Academy of Finance has been a pioneer of research and education in finance, accounting and financial analysis. Its publications on the financial management of economic groups are highly appreciated. Over the years, it has been increasingly common for AOF to develop advanced education programs in Finance, Accounting, and Financial Analysis, that are aligned with those in developed countries such as the UK, the US and Australia. The purpose of such programs is to educate students to have comprehensive financial knowledge and English capabilities, they can take the prestigious certificates such as CFA, ACCA,CPA, CFAB, become high quality human resources with ability to provide independent financial services globally. Effectively compiling learning materials and building a professional team has become vital for the advanced education programs on Financial Analysis and other programs at AOF.

The 1st edition book of Group Financial Analysis provides specialized knowledge about consolidated financial statement analysis, parent companies and their subsidiaries, business integration, their operating, investing and financing activities, portfolio management, profitability, growth and risk analysis and financial forecasting. The objectives of the book are to provide learners with intensive financial analysis skills that enable them to assess financial capacity, monitor financial safety, detect financial risks and handle financial resources that are wastefully allocated in the integrated business environment. This book, written in English by the Department of Financial Analysis is crucial for learners to absorb comprehensive knowledge and skills in group financial analysis. The book of Group Financial Analysis is used for teaching, studying, and doing student-led research, especially for those specialized infinancial analysis in the advanced education program. This book is a prescribed text for the two-credit specialized course of Group Financial Analysis. Additionally and the book is a useful reference for other leaners, both within and external to the Academy of Finance, especially for those interested in the financial management of economic groups.

About the authors: This book is written and compiled by two corresponding authors, Associate Professor. Nghiem Thi Tha and Dr. Dao Hong Nhung. Other authors include MA. Vu Duc Kien, MA. Nguyen Huu Tan, MA. Bach Thi Thu Huong and MA. Nguyen Thanh Dat. The authors have aimed to compile the most practical and fundamental content of the group financial analysis, to provide the group's stakeholders with precious information for managing and supervising economic and financial activities. Due to unpredictable changes business environment, the complexity of economic transactions and the continuous updating of financial management tools, the 1^st edition of the book still has limitations. The authors' team would like to thank these experts from the Academy of Finance and the University of Commerce for their valuable guidance and  feedback: Associate Professor. Nguyen Trong Co, Associate Professor. Nguyen Vu Viet, Associate Professor. Doan Minh Phung, Associate Professor. Le Xuan Truong and Associate Professor. Nguyen Quang Hung. We are looking forward to receiving comments from experts and readers to complete and improve the book in subsequent editions

Cuốn sách có bán tại các cơ sở:

Nhà sách HVTC - tầng 1 - Nhà Thư viện, Học viện Tài chính, số 58 Lê Văn Hiến, Bắc Từ Liêm, Hà Nội, ĐT liên hệ: Cô Chi (0985.935.568)

Nhà sách HVTC - tầng 1 - Nhà D, Học viện Tài chính, số 69 Đức Thắng, Bắc Từ Liêm, Hà Nội, ĐT liên hệ: Cô Hương (0867.715.020)