This course focuses on users of financial information and their needs, rather than the preparation of accounting data. It takes an in-depth look into company financial statements and shows how information therein can be analyzed and processed to aid creditors, investors and managers. Financial reporting and analysis is a course that will prepare students to understand business strategy and its financial implication. As a result of this course, students should be able to:

 

·        Understand basic concepts underlying primary financial statements and the importance of the Income Statement, Balance Sheet and other relevant documents.

·        Locate and use information on a corporate annual report to analyze a company’s financial performance.

·        Write background material on a company, its industry and its economic environment.

·        Evaluate a company’s sources and uses of funds.

Skill Level: Beginner