FNCE 3140

Students learn to read the complex financial statements of a major corporation and how to examine its performanceusing a variety of financial ratios and other assessment tools. Emphasis is placed on the quality of financial reportingand identifying the warning signs of financial manipulation. Topics include an overview of financial reporting;review of financial statement analysis techniques; complex income statements; complex cash flow statements;complex statements of financial position focusing on current assets and liabilities, long-term assets, income taxes,post-employment and share-based compensation, intercorporate investments; and multinational operations.