ACC 644 ONLA 01-410-157

Financial Reporting & Analysis

Tomorrow’s MBA graduates must be skilled in using financial statements to make business decisions. These skills often require application of ratio analyses, benchmarking, forecasting, valuation, and other aspects of financial statement analysis for decision making. This course investigates financial reporting from a user perspective in interpreting and analyzing financial reports for investment and other decision making. The course begins with an introduction of accounting fundamentals and the business environment. Next, it introduces the analysis of financial statements which is aided by an understanding of how those statements are prepared. Third, it describes the accounting for assets, liabilities, and equity; this includes accounting for cash flows. Throughout the course, mini- case assignments are assigned to reinforce current topics. Prerequisite(s): FIN 599