Financial Statement Analysis

Catalog description

The exploration of conventional and advanced methods of analyzing financial statements, including the assessment of earnings quality. ACCTG 426 Financial Statement Analysis (3) The objective of this course is to explore conventional and advanced analytical methods of analyzing financial statements. Expanding on the material covered in the principles of accounting and principles of finance courses 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, and evaluate accounting policies and disclosures and their impact on the financial statements through the assessment of earnings quality.