Apr 24, 2018  
University of Alberta Calendar 2016-2017 
    
University of Alberta Calendar 2016-2017 [ARCHIVED CATALOG]

ACCTG 432 - Financial Statement Analysis I


★ 3 (fi 6) (either term, 3-0-0) May be taken on its own or as the first of a two-course sequence that develops student competence in using financial information. Using case analysis, students learn to value a firm through the use of a five-step process: (1) examination of firm's industry, markets and strategy, (2) evaluation of firm's accounting policies and their impact on the financial reports, (3) applying fundamental analysis to assess financial strengths and weaknesses, (4) forecasting future earnings and cash flows, and (5) applying valuation models. Corequisites: ACCTG 415 or 412.