HADM 4240 - [Analysis of Financial Statements]

Spring. Not offered: 2024-2025. Next offered: 2025-2026. 3 credits. Student option grading (no audit).

Prerequisite: HADM 1210, HADM 2230, AEM 2210, or AEM 2225. Enrollment preference given to: Nolan students. Graduate students should enroll in HADM 6240. Elective. Co-meets with HADM 6240.

M. MacAusland.

This course is designed to provide a deeper understanding of the financial statements and related disclosures to interpret and assess a company’s performance. The course will focus on analyzing companies in the hospitality industry to gain a deeper understanding of the industry from a financial perspective, and to develop the ability to interpret financial data to make informed credit and investment decisions. This will include a review of the recognition and measurement concepts, the choices managers make among alternative accounting methods, and the use of estimates in preparing the financial statements. Cases will be the primary focus of class discussion and the work in this course.