Financial statements provide data on public corporations' economic activities and are the basis for a wide range of business analyses. Financial analysts who understand managers' disclosure strategies seize opportunities of receiving inside information from public data to evaluate a firm's current and prospective performance.

Focused on the accounting-based valuation models, students not only learn how to analyse financial ratio and cash flow measures of the operating, financing and investing performance of a company but also evolve general approaches to analyse assets, liabilities, entities, revenues and expenses.

The purpose of this course is to provide students with a framework to use this financial statement data and to develop a critical perspective on the interpretation and evaluation of companies and business units.