ACC 6313 - Analysis of Financial Statements and Entity Valuation

Credits: 3 Class: 3 Lab: 0
Prerequisite(s): Acceptance to the Master of Professional Accountancy Program.
This course lays out the techniques of sound fundamental analysis. It is designed to develop skills in financial statement analysis with special emphasis on engaging, organizing, and summarizing financial data for decision-making purposes related to valuation. The course focuses on two themes:

The first is financial and accounting analysis which consists of documenting a firm’s profitability relative to past performance and comparable firms. Ratio analysis, accounting quality, and earnings management are the focal points of this portion of the course.
The second theme is the entity equity valuation, which is primarily focused on forecasting and the subsequent preparation of pro forma financial statements in order to determine the intrinsic value of the firm. This portion of the course focuses on utilizing information in the financial statements to guide the valuation process.