2 credits
Fall 2026 Lecture Lower Division
Establishes how to use accounting information to make business and investment decisions. Internally, the information is used to assess performance of units, to evaluate performance of upper-level management, to monitor the firm's investment and financing decisions, and for comparison purposes with the firm's rivals. Externally, accounting information is used by financial analysts, investors and (potential) acquirers to assess the value of the firm, by creditors to assess its credit-worthiness, and by regulators. Permission of instructor is required.
Learning Outcomes1Analyze, interpret, and adjust financial statements to assess firm performance and financial position.
2Apply various valuation methods used by market participants to assess firm value based on financial statements.
made by Purdue students.