ACCT 315 - Financial Statement Analysis

2023-2024 Catalog Year

Credit(s): 3
Lecture: 3
Non-Lecture: 0

This course is an in-depth study of financial statements, with particular emphasis on using a combination of accounting numbers and information from other sources to estimate the value of corporate securities. The course advances a perspective that financial accounting sometimes describes, and sometimes obscures, the fundamental economic activities of the firm. Topics include business strategy and its impact on financial statements, the qualities and limitations of accounting information, earnings quality and earnings management, making adjustments to financial statements, using supplemental disclosure, off-balance-sheet financing, forecasting, proformas, and the use of financial statement information in valuation models.

Prerequisite(s): FNCE 311
Restricted to: School of Business Majors, Others may seek permission from the School of Business

Offered: When Demand is Sufficient