Advanced Business Analysis Using Financial Statements

1.5 units

This advanced course builds on financial statement analysis to forecast firm performance and estimate intrinsic value. Students develop multi-year pro-forma financial statements and apply fundamental valuation techniques, including discounted cash flow and comparable-based valuation. The course emphasizes translating accounting information into cash-flow projections rather than focusing solely on discount rates. Students also analyze mergers and acquisitions, valuation in strategic transactions, and investment decision-making. The course concludes with an in-depth study of cost accounting and management control systems for internal decision-making. Through real-world cases, students integrate accounting, valuation, and managerial insights to evaluate firm strategy and performance. Students may not earn credit in both ACCT 5031 and ACCT 6031.