Financial Statement Analysis II

Catalog description

The exploration of conventional and advanced methods of analyzing financial statements, including earnings quality and financial distress assessment. ACCT 561ACCT 561 Financial Statement Analysis II (3) The objective of this course is to explore conventional and advanced analytical methods of analyzing financial statements. Expanding on the material covered in a financial accounting or financial statement analysis course and using actual financial statements, students: � review and apply the traditional methods for analyzing financial statements, such as ratio analysis, trend analysis, and common-size analysis � apply advanced tools for analyzing financial statements, such as financial distress prediction models and earning manipulation prediction models � evaluate accounting policies and disclosures and their impact on the financial statements through the assessment of earnings qualityEvaluation methods include case studies of actual companies and a comprehensive project to analyze the financial statements of a publicly-traded company. This course typically will be offered once a year.