Financial Reporting and Analysis

2 Credits

This course focuses on the organization, measurement, and interpretation of economic information in corporate financial reports. It emphasizes the use and interpretation of the financial statements issued by business organizations. Topics include: accounting concepts and principles, accrual accounting, accounting cycle, revenue, expense, asset, liability and equity accounts. Students are exposed to balance sheet valuation, income determination, cash flow analysis, accounting judgment, profit manipulation, evaluation of earnings quality, and the ethical framework to guide business decisions.