Financial Statement AnalysisBack to Course Guide
The Financial Statement Analysis course uses real financial statements to analyze the financial, investment and operating activities of public companies. These activities will teach and challenge accounting students to critically evaluate firm liquidity and asset management, relative to the efficient use of the variables that underscore the operating cycle.
UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:
- Analyzing financial statements in order to critically evaluate the financial, investment and operating activities of public companies.
- Analyzing and evaluating liquidity and cash flows in order to assess the solvency and viability of the firm.
- Analyzing all underlying variables pertaining to operating cycles in order to determine the financing period and cash flows.
- Evaluating and determining the optimal capital structure of the firm.
- Applying relevant and ethical assumptions and estimates when preparing and reporting financial statements and results.
- Analyzing and evaluating equity and credit positions of the firm.
- Analyzing and evaluating return on invested capital and profitability.
- Understanding and adhering to governmental regulations and financial standards when preparing and reporting financial statements and results.
- Evaluating the Long-Term Debt-Paying Ability in order to assess firm risk level.
- Analyzing Personal Financial Statements and Accounting for Governments and Not-for-Profit Organizations.
- Analyzing and Evaluating leverage and its effects on earnings.
- Analyzing Financial Ratios as perceived by Commercial Loan Departments.
- Analyzing key balance sheet elements such as Employee Stock Option Plans and Equity in Unincorporated Firms.