Financial Statement Analysis
ACCT3161
ACCT3161
Course Description
Financial Statement Analysis is a fundamental accounting subject that entails assessing a company's financial health and performance through its financial statements (balance sheet, income statement, and cash flow statement). The primary goal of financial statement analysis is to assess the profitability, liquidity, solvency, and overall financial stability of a business. By analyzing trends, ratios, and financial data, it aims to provide insights for decision-making by investors, creditors, and management, helping them understand the company's past performance, current position, and future potential.