NBA 5060 - Financial Statement Analysis

(crosslisted) LAW 6060

Fall, Spring. 1.5 credits. Letter grades only (no audit).

Prerequisite: NCC 5000, NCC 5060 or permission of instructor. Enrollment limited to: Johnson, graduate students, and undergraduate seniors.

Fall: N. Guest; Spring: S. Bhojraj, Y. Lu.

The purpose of this course is to give students a broad understanding of financial statement analysis and valuation issues. The emphasis is on helping students understand the basic equity research process for use in investment and business decision applications. The course format is a combination of examples, case studies, and lectures. Potential topics include information sources, strategic ratio analysis, accounting quality, non-GAAP metrics, cash flow analysis, forecasting financial statements, and firm valuation using discounted cash flow and residual income techniques. The course deliverables include an equity research project and a final exam.