Fin Statement Analysis

(3 Credits)

The objective of this course is to understand how to read, interpret, and analyze financial statements. Throughout the course, we will use the financial statements of several real companies to illustrate concepts. The course is divided into three segments: First, we will develop the tools to analyze financial statements. We will study the interrelationships between financial statement line items and use ratio analysis to understand and compare firms. Second, we will learn how to understand and analyze accounting disclosures and use accounting disclosures to adjust financial ratios. Finally, we will use the analytical tools we have developed in conjunction with various information sources to forecast future earnings. We recommend this course soon after completing Financial Accounting.