CSBM 1234 Financial Statement Analysis for Small Business

Description

Financial Statement Analysis for Small Business teaches the generally accepted business ratios that apply to performance when compared to generally accepted industry standards. The student will learn which ratios apply, how to compute the ratios, and the importance of each ratio. The student will use company data that comes from very accurate accrual financial statement. After computing these ratios, the student will display knowledge of the importance of these trends, as they relate to the success of the business.

Management Credits

3

Prerequisite

Student is a business owner, employee or entrepreneur or by special permission of the instructor.

Topics to be Covered

1. Prepare business financial reports and use the data to compute financial ratios for business decision making

Learning Outcomes

1. Research business financial industry performance ratios

2. Develop procedures for financial analysis

3. Prepare business financial reports for analysis

4. Compute established ratios

5. Perform business performance analysis from ratios

6. Make informed business decisions based on performance analysis