Financial Statement Analysis

Catalog description

This course provides a critical examination of corporate financial reports and associated footnotes, from the perspectives of different potential users, including creditors, management, and investors. Students will explore how financial statements are utilized to assess business performance. Topics include income statements, balance sheets, cash flow from operations, and free cash flow, along with financial ratio analysis, cash budgeting, pro forma statements, and forecasting growth potential and financial needs. Additionally, the course will address the quality of earnings, inventory valuation, and depreciation methods. Incorporating advanced AI tools, the course equips students with cutting-edge skills for effective financial analysis. Prerequisite Course(s): Prerequisite: ACCT 110 and FINC 201. Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3