Financial Statement Analysis

Catalog description

Prerequisites: FIN 362 and FIN 353. Financial Statement Analysis will approach Financial Statements from the perspective of the financial analyst. It will review the basics of financial statements, what information they contain, the standards upon which they are prepared, and adjustments the analyst needs to consider when evaluating the performance of a company. Students will learn the similarities and differences between U.S. GAAP and International Financial Reporting Standards (IFRS) so they can adjust statements prepared under these two predominant standards. Students will learn how to use the adjusted information to determine the valuation of a company, using several different approaches.