BUS 31000 - Financial Statement Analysis - Finance Perspective

Analysis of financial statements to provide basis from which informed decisions concerning investments, financing opportunities, and appropriate financing instruments can be made.

Preparation for Course
P or C: BUS 30100 with grade of C- or better.
Junior or senior class standing.

Cr. 3.
Notes
Enrollment in business (BUS) courses numbered 30100 and above is restricted to students who meet established criteria: business majors who have met the pre-business requirements and been admitted into one of the business majors; or students that have declared other pre-approved programs or minors which require particular business courses, and completed all course prerequisites; or students that have obtained written permission from the department through which the course is offered.
Student Learning Outcomes
1. Understand the purpose and fundamentals of each financial statement. This will include line-by-line analysis and strategy for each financial statement. Includes understanding information beyond the financial statements themselves, like notes to financial statements and auditor’s reports.
2. Apply analytical techniques (ratio analysis, trend analysis, benchmarking, common-size statements) will be necessary for the student to build core proficiencies using financial statements.
3. Evaluate a company’s financial condition by critically evaluating liquidity, leverage, profitability, asset efficiency and management, and market and industry comparisons. Use financial statements to make key decisions regarding the capital and operating budgeting, risk management, capital structure, cash flow, and working capital management.
4. Create pro forma financial statements to utilize in forecasting future financial performance and apply basic valuation models.
5. Effectively communicate their financial analysis and findings, both orally and in writing.