Financial Reporting and Analysis

Catalog description

This course will prepare managers to interpret financial reports and to develop insights that will inform strategic decisions. Students will acquire an understanding of the accounting cycle, how financial statements are constructed, and how they can support managerial decisions. They will interpret financial statements, draw constructive conclusions about the financial health of organizations, and use ratio analysis and other techniques to develop recommendations for corrective or developmental action. Students will evaluate potential sources of funding and the impact of decisions on an organization's finances, including on its cash flow. They will apply discounted cash flow principles and techniques to inform capital budgeting and other strategic decisions. Students will also apply principles of biblical stewardship to financial problems. Application and implementation of course theories and concepts in an organizational setting will be addressed through embedded, experiential learning experiences and activities within the course.