Gerald J. Lobo
Arthur Andersen Chair, Professor of Accounting, Chairman of Department of Accountancy & Taxation 

 

ACCT 7340 Financial Statement Analysis & Valuation

The focus of this course is on using the information contained in financial statements for evaluating the performance of a business, and for assessing its prospects and value. The course draws on concepts from accounting, business strategy, financial economics, and other business disciplines for evaluating business decisions in a variety of contexts. It will be useful to students planning careers in investment banking, securities analysis, credit analysis, consulting, public accounting, and corporate management.

The course emphasizes practical applications. Consequently, the majority of the course will be spent analyzing and discussing cases involving real financial statements in real decision contexts. This is supplemented by lecture and discussion of material from the text and articles from the financial press.

The first half of the course focuses on developing a systematic approach to conducting financial statement analysis. This approach includes business strategy analysis, accounting analysis, financial analysis, and prospective analysis. These tools are then used to conduct comprehensive business analyses of companies from a variety of different perspectives during the second half of the course. Examples of these perspectives include equity security valuation, and mergers and acquisitions analysis.


Lecture 1
(.PPT 208KB)
Lecture 2 (.PPT 150KB)
Lecture 3 (.PPT 380KB)
Lecture 4 (.PPT 92KB)
Lecture 5 (.PPT 77KB)
Lecture 6 (.PPT 425KB)
Lecture 7 (.PPT 78KB)
Lecture 7.3 (.PPT 35KB)