HADM 6624: Reporting and Analysis of Financial Statements
Elective - 3 credit hours - S/U or Letter grade
Offered Fall only
This course is not offered this semester - Spring 10
This course is designed to provide an understanding of the basic accounting model and the accounting rules for the measurement of assets, liabilities, and owners’ equity. Emphasis is placed on understanding the economic substance of the transactions and the implications of using alternate accounting rules on the resulting numbers, especially in assessing the “earnings quality” of hospitality firms. Focus is from an outsider’s view of the company, and students should be able to evaluate and interpret published financial information, specifically in the context of valuation, debt and compensation contracts, and credit assessment.