Course Overview
Financial Statement Analysis 1&2 evaluate the general principles of the financial reporting system, underscoring the critical role of the analysis of financial reports in the investment decision making process.FSA 2 assesses how an analysis of a company's financial statements can reveal problems. In this course students learn to identify and evaluate red flags and warning signs contained in the financial statements and footnotes that would suggest that the financial reporting quality of a company has been compromised.FSA 2 covers the analysis of intercorporate investments and their different accounting treatments depending on the percentage ownership, amount of control, and other variables related to the relationship between the company making the investment and the investee.In FSA 2 students learn how to analyze the effects of mergers and acquisitions on a company's ongoing operating results.The presentation of financial information to the public by a company must conform to the governing set of financial reporting standards applying in the jurisdiction in which the information is released. FSA 2 examines, in depth, the role of financial reporting standard-setting bodies worldwide and the International Financial Reporting Standards and the movement towards worldwide convergence of financial reporting standards is also introduced.
Prerequisite(s)
Credits
4.0
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion, the student will be able to:
- Apply principal accounting policies and ethical requirements to determine how these impact statements.
- Evaluate accounting strategy and how these impact statements.
- Analyze management decisions and how these impact the company and the industry.
- Evaluate the quality, transparency and accuracy of financial statement disclosures.
- Use critical analysis to identify potential red flags within the financial statements and their notes.
- Prepare financial statements using current financial software.
- Perform detailed ratio analysis.
- Develop a growth forecast based on existing trends.
Effective as of Winter 2025
Related Programs
Financial Statement Analysis 2 (FMGT 4130) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Finance
Diploma Full-time
- Finance
Diploma Part-time
- Financial Planning
Diploma Full-time
- Financial Planning
Diploma Part-time
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