FINANCE 5332.01: STRUCTURE OF FINANCIAL STATEMENTS
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Instructor:Roberto Marchesini, Ph.D.
Office:UHCL 3-121-28 Tel:281-283-3215
Office Hours: T 12-4 PM & BY APPT.
Course Description: Analyzing, interpreting and forecasting financial statements for credit, Investment and internal planning decisions.
Required Texts: Wahlen,Baginski and Bradshaw, Financial Reporting, Financial Statement Analysis and Valuation, 7h Edition, Thomson/Southwestern. 2011.
Course Prerequisites:FINC 5031 or equivalent
Course Objectives: The course is designed for students pursuing a career in any one of the functional areas of business and health care management. Additionally, some of the material covered in this course will be helpful in preparing students for some of the material covered in the CFA exam. The objectives set for this course are as follows:
1-Review and expand your understanding and knowledge of accounting systems.
2-Provide an understanding of generally accepted accounting principles (GAAP) and the impact on financial statements of selecting alternative GAAP.
3-Provide the ability to use financial report data to make business decisions for the firm.
4-Integrate, whenever possible, concepts from accounting, economics, marketing, international business, and health care management.
5-Provide a framework for the analysis and interpretation of financial statements and financial forecasting using financial ratios, trend analysis, common-size statements and other financial tools.
6-Improvement on the following competencies:
Upon completion of this course, students will be able to:
Understand and identify the generally accepted accounting principles (GAAP) used by a company Determine the impact of GAAP on the company’s financial statements Identify the strengths and weaknesses of the company using financial ratios and trend analysis Create forecasted financial statements
Determine the intrinsic value of the company and contrast it to its market value.
Academic Honesty Policy
The honesty code endorsed by the academic community states:
Academic honesty is the cornerstone of the academic integrity of the university. It is the foundation upon which the student builds personal integrity and establishes a standard of personal behavior.
Failure to perform within the bounds of these ethical standards is sufficient grounds to receive a grade of "F" in this course and be recommended for suspension from UHCL. Cheating is defined in this course as utilizing any source (human or otherwise) that is not specifically allowed by the instructor to be utilized in the completion of an assigned task or examination.
A grade of I (Incomplete) will not be administered in this course except under extreme, verifiable, "emergency" situations where a student is unable to complete the course work due to circumstances beyond his or her control. Incompletes will NOT be administered to any student failing this course.
Students with Disabilities
Students needing accommodation or assistance in the completion of this course should notify the instructor as soon as possible and contact the Office of Disability Services.
Course Preparation: As your professor, I expect that you will (a) read the assigned chapters, (b) ask questions in person or via email to help clarify points on which you are uncertain, and (c) recognize that the most important determinants of your performance in the course are the time and effort you put in.
Methodology: The philosophy behind distance education is...