Advanced Financial Reporting

Catalog description

This course focuses on financial statement analysis and interpretation of financial disclosures to help decision making and forecasting. It includes financial statement analysis, revenue recognition, asset recognition, liability recognition, and equity recognition. The course utilizes a combination of lectures, class discussions, numerical exercises and group assignment. Permission of department required. Typically offered Spring. Prerequisite(s): ACC 35100 FOR LEVEL UG WITH MIN. GRADE OF D- OR FIN 31000 FOR LEVEL UG WITH MIN. GRADE OF D- Course Learning Outcomes 1. Use public financial data and conduct profitability analysis. 2. Analyze the impact of business transactions on financial statement. 3. Forecast financial statements and value equity securities using cash-flow-based, operating income based and market-based models. 4. Apply accounting knowledge to solving business problems and making informed business decisions. View Class Schedule