Dec 08, 2019  
2018-2019 Undergraduate Catalog 
    
2018-2019 Undergraduate Catalog [ARCHIVED CATALOG]

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ACCT 412 - Financial Statement Analysis and Valuation


(3 S.H.)

Financial statement analysis is the process of extracting information from financial statements to better understand a company’s current financial condition and help predict its future performance. Financial statements serve an important information source for information users. Investors use financial statements to help decide whether to buy or sell stock. Creditors use financial statements to help decide on the creditworthiness of a company’s debt and terms in debt contracts. Valuation is the process of drawing on the results of financial statement analysis to estimate a company’s worth. Taken together, financial statement analysis and valuation is the joint process of analyzing a company’s financial statements and valuing its worth. Prerequisite: ACCT 312 - Intermediate Accounting II . Grade only. Offered annually.



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