After attending this course, students are able to:

• describe the role of accounting in communicating financial information
• define and explain the different components of an annual report
• identify and specify the items of the income statement, the statement of financial position, and the cash-flow statement
• show the link between different financial statements
• understand the role of financial-statement audits and the auditor's report
• understand the effect of accounting choices
• analyze financial statements
• calculate, understand, and interpret key financial statement ratios
• reflect on the limitations of financial statement analysis
• select, compare, and interpret financial statement data, with a focus on specific industries and economic cycles

The course consists of six class sessions (3 hours each). During these sessions, the instructor discusses different topics with the students, based on presentation, preparatory questions, readings, and homework. Students are expected to prepare for class and to participate actively. Preparation and active participation will be essential for students' learning success.

In-class online quizzes, based on the preparatory materials, require students to bring their smartphone/mobile device to class.

Preparatory questions, slides, and relevant reading materials will be made available via Canvas.

No prerequisites.