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FIN 215 — Financial Statements Interpretation and Analysis

3 credits · 3 hours

Explores the characteristics of financial statements and financial statements analysis. Emphasis is on the income statement, balance sheet, and sources and uses of funds statement. Effects of reserves, inventory valuations, depreciation, depletion, amoritization, subsidiaries and affiliates are studied. Also addresses cash flow, reported earnings, taxable earnings and interpretation of the financial data by means of ratio analysis. Prerequisite: ACC 101 with a grade of C or better.

Prerequisites: ACC 101

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