Course Description
A firm's financial statements present a picture of the past reporting period's activities. While they present useful information about a firm, one must analyze the information to make meaningful decisions regarding the firm's position, the effectiveness of management, and where the firm might be heading. In order to make good decisions, one must understand the environment in which the firm is operating, where the firm is now, and where the firm is going. In this course, we will discuss:
This course provides an overview of how to analyze the information presented in a firm's financial statements and how to utilize those statements to make informed decisions.
Course Objectives
After successfully completing this course, you will be able to:
- differentiate key aspects of the environment in which a firm operates
identify common frameworks for analyzing a firm's financial statements
calculate and understand appropriate numerical values and ratios to articulate a firm's financial position and performance
identify financial statement elements used in making financial projections and in estimating a firm's value
Prerequisites: General understanding of financial statement organization and basic accounting principles