This course focuses on economics and analysis of business operations and transactions along with the related financial reporting tasks and concerns. Included topics are analysis of financial statements, accounting frameworks used in financial reporting, economic events and their impact on financial reports, and impact of accounting methods on financial reports. Students are expected to learn how to read and produce financial reports. This is a required course for the MBA degree.
- Understand basic measurement concepts underlying primary financial statements and the relative importance of the Income Statement, Balance Sheet, Statement of Cash Flows, and Statement of Retained Earnings
- Locate and use information on a corporate annual report to analyze a company’s financial performance and position
- Ability to understand the balance sheet, the income statement and cash flow statements
- Ability to identify key information in the notes to the accounts and in the management report
- Ability to analyze financial statements and evaluate business performance
- Knowledge of the financial statements structure
- Knowledge of the categories of non-current and current assets
- Knowledge of the main methods used in financial analysis
Contact hours: 45
Lecture hours: 35
Lab hours: 10
Faculty office hours: faculty is available outside class hours by appointment, via email, and at scheduled times.
Advising: faculty and career counselors are available to assist students with their career directions and questions.