Course Descriptions

Course catalog descriptions for courses offered in all currently published terms.

Accounting

 
ACC 711 Financial Statement Analysis I
  2.25 hours Elective Terms Offered: F14(B), F13(B), W14(A), W15(A)
  Course Prerequisites: No credit in ACC 712 
  Advisory Prerequisites: ACC 564 
   
  Financial Statement Analysis I --- This course provides a systematic framework for using financial statements in business analyses. It considers a comprehensive set of tools to analyze the information contained in financial statements and demonstrates how to use the information to evaluate financial performance. It addresses questions such as: (1) how do operating and financial decisions contribute to a firm's return, (2) why does firm performance differ between competitors, (3) has the firm distorted the accounting numbers and how will this influence reported performance, and (4) how does the financial performance today predict future events, such as credit default.