British Columbia Institute of

Important Notice: COVID-19 Institute response


FMGT 4130 - Financial Statement Analysis 2

Financial Management Part-time Studies Course

School of Business + Media

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

Course Details

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.


FMGT 3130



This course isn't currently offered through BCIT Part-time Studies. Please check back next term or subscribe to receive email updates.

Learning Outcomes

Upon successful completion of FMGT 4130, the student will be able to:

  • Identify principal accounting policies.
  • Evaluate accounting strategy.
  • Evaluate the quality of financial statement disclosure.
  • Identify potential red flags within the financial statements and their notes.
  • Prepare financial statements.
  • Perform detailed ratio analysis.
  • Develop a sales growth forecast.
  • Develop a cash flow forecast.

Effective as of Winter 2015

Related Programs

FMGT 4130 is offered as a part of the following programs:

School of Business + Media

  1. Financial Planning
    Full-time   Diploma


Interested in being notified about future offerings of FMGT 4130 - Financial Statement Analysis 2? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

Privacy Notice: The information you provide will be used to respond your request related to BCIT course information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5A 3H2, email:

Programs and courses are subject to change without notice.

Find Courses

School of Business + Media Waitlist

Need to waitlist for a School of Business + Media course?

Find out more

English Language Proficiency

BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

Payment Changes At BCIT

We've changed the way we accept payments.

Find out more

Course Navigation, Related Links & Tools

Registration News

Registration is now open for the Winter 2022 term.

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at on the first day of any course you are registered for.

Part-time Studies Financial Aid

Will you be studying at BCIT part-time? Do you need assistance funding your studies? Find out if you qualify for Part-time Studies financial aid.