Course Objectives 

The primary aim of Financial statement analysis is to provide students with an introduction to the process and function of financial reporting. Whilst a large proportion of the course is aimed at understanding financial statements as a process, taking a preparers‟ perspective, we will also seek to develop an understanding of the importance of the role of financial statements in today‟s society. 

Learning Outcomes 

 After studying this course the student will be able to understand:                                                              

1.Importance of accounting cycle and GAAP                                                                                                                            

2. Rules of debit and credit                                                                                                                                                                

3. Financial statements and their limitations                                                                                                                                              

4. Importance of auditing and its procedure                                                                                                                                              

5. Importance of statement analysis in decion making policy                                                                                  

6. Different ratios and their  importance in liquidity