FINANCIAL STATEMENT ANALYSIS

Prerequisites & course information

Requisites: ACCT I S 302 or 702 Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain and apply return-on-equity disaggregation, including a breakdown into operating and nonoperating components. Audience: Both Grad & Undergrad 2. Analyze financial statements and their accompanying notes, including all related components of the annual report filing. Audience: Both Grad & Undergrad 3. Prepare a set of reformulated financial statements that reflect one’s analysis of those statements and any adjustments that are performed. Audience: Both Grad & Undergrad 4. Forecast financial statements (disaggregated into operating and nonoperating components) for up to ten years into the future and assess the reasonableness of those forecasts. Audience: Both Grad & Undergrad 5. Determine company valuation using discounted future metrics of operating performance and financial condition based on valuation methods that include discounted cash flows, residual operating income, and market multiples. Audience: Both Grad & Undergrad 6. Articulate the process of accounting analysis and valuation in practice today, including its strengths and weaknesses and its market dynamics. Audience: Both Grad & Undergrad 7. Identify major players in accounting and advisory services, including future business opportunities and career paths. Audience: Graduate Learning Outcomes: 1. Explain and apply return-on-equity disaggregation, including a breakdown into operating and nonoperating components. Audience: Both Grad & Undergrad 2. Analyze financial statements and their accompanying notes, including all related components of the annual report filing. Audience: Both Grad & Undergrad 3. Prepare a set of reformulated financial statements that reflect one’s analysis of those statements and any adjustments that are performed. Audience: Both Grad & Undergrad 4. Forecast financial statements (disaggregated into operating and nonoperating components) for up to ten years into the future and assess the reasonableness of those forecasts. Audience: Both Grad & Undergrad 5. Determine company valuation using discounted future metrics of operating performance and financial condition based on valuation methods that include discounted cash flows, residual operating income, and market multiples. Audience: Both Grad & Undergrad 6. Articulate the process of accounting analysis and valuation in practice today, including its strengths and weaknesses and its market dynamics. Audience: Both Grad & Undergrad 7. Identify major players in accounting and advisory services, including future business opportunities and career paths. Audience: Graduate