Creating and Understanding Financial Statements

(3 Credits)

This course provides a solid understanding of the creation and interpretation of modern financial statements. Topics include the compelling reasons for financial statements, Sarbanes-Oxley, U.S. accounting principles and how they differ abroad, quality of financial information, financial ratios and their uses, cash-flow analysis, measurement of corporate performance, credit analysis and introduction to managing financial risk. | Prerequisites: MA-UY 1124 or MA-UY 1154 or MA-UY 1424 and Sophomore Standing or higher. Anti-requisite: MG-UY 2204 , ACCT-UB 1 , ACCT-UB 3 or ACCT-UB 4 .