B8100-001: Earnings Quality & Fundamental Analysis Course DescriptionFinancial reporting provides a window into the operational and financial workings of a company. However, translating this information into actionable insights is anything but straightforward. It requires an understanding of Generally Accepted Accounting Principles (GAAP), the quality of financial information, and the adjustments and analysis required to accurately measure and evaluate firm performance, risk, growth prospects, and value. This course is devoted to a systematic study of these topics, often in industry-specific contexts. We will discuss key GAAP in detail, and analyze many actual financial disclosures and accounting abuses. We will also cover standard and not-so-standard financial analysis techniques, and incorporate insights from practitioner and academic research. The primary objective is to acquire a deep understanding of accounting information and how to intelligently use it in making investment and related decisions. Such knowledge is required of executives, bankers, analysts, investment managers, and other sophisticated users of financial information.
Fall 2012 Sections: