This unit provides students with a framework for using financial statement data in a variety of business analysis and valuation contexts. It examines the role of accounting information (and intermediaries) in the economy and how financial analysis can create value in well-functioning markets.<br/><br/>The unit focuses on four key components of effective financial statement analysis: (1) business strategy analysis is the starting point and provides the foundation for the subsequent analysis; (2) accounting analysis involves examining how accounting rules and conventions represent (or do not represent) the economic reality of a firm in its financial statements; (3) financial analysis... -- Course Website
Prerequisites: ACCT2201 Corporate Accounting