University of Vermont

UVM Course Directory

BSAD 260 – Financial Statement Analysis

Credits: 3.00

Course Description: Study of the concepts and techniques underlying corporate financial statement analysis, with an emphasis on equity valuation models. Prerequisites: BSAD 180; Business Administration major or minor; Senior standing.

Section Description: This course presents fundamental analysis tools for assessing the economics of the firm, with particular emphasis on the valuation of common equity. Heavy reliance is placed on finance theory and extant market research regarding the interplay between financial disclosures and stock prices. Topics considered include ratio analysis on reported and recast financial statement information; analysis of accrual accounting and cash flows; analysis of profitability, growth and value-generating prospects of the firm; determining the quality of earnings and financial reports; forecasting earnings and financial statements; analysis of business and financial risks; and the comparison of alternative equity valuation models. Although U.S. financial reporting practices are emphasized, significant differences in international reporting standards are noted. The content and level of this course is consistent with that expected for Level 1 candidates of the Chartered Financial Analyst (CFA) exam.

CRN: 90914

Section: A

Enrolled/Seats: 13/40

Days Time Location
TR 08:30 - 09:45 IFSHIN HALL 358

Instructor(s): Stephen Jeffrey Dempsey

Meeting Dates: 26 Aug 2019 - 06 Dec 2019