BUS 439 | Financial Reporting and Analysis

The course expands students' knowledge and understanding of financial reporting and analysis by examining key questions of economic significance within the context of real companies and their reported financial information. The course includes analysis of U.S. companies that follow U.S. GAAP and global companies that use International Financial Reporting Standards. The underlying objective of financial analysis is to measure and compare risk and return characteristics of alternative investments when making investment and credit decisions. This class requires a major, independent research project that requires you to research an accounting standard, understand it, investigate its economic consequences, compare the US standard with its IFRS counterpart, and learn how to make a IFRS company's financial statements comparable to those of a US GAPP company.