ACTY 6280 - Financial Statement Analysis

The course examines the concepts and techniques of financial statement analysis from the viewpoints of investors, creditors, and management. Students will have opportunities to analyze financial statements and value a firm using several approaches. Through a mixture of lecture/discussion, case analyses and term projects, students should be able to develop the following skills: 1) understand the usefulness and limitations of financial statements in evaluating a company’s performance for credit, investment, and other purposes; 2) learn and appreciate the linkages among strategic business analysis, accounting analysis and financial analysis; 3) use accounting numbers to forecast future earnings and cash flows and to estimate a firm’s value; 4) learn the techniques for analyzing foreign financial statements prepared with the IFRS (international financial reporting standards) and convert them into U.S. GAPP (generally acceptable accounting standards) statements and ratios.

Prerequisites/Corequisites: Prerequisites: (ACTY 6100 and ACTY 6110) or (ACTY 3100 or ACTY 3220).

Credits: 3 hours

Restrictions Requires admission to the MBA or MSA program.
When Offered: Fall