ACTG 6250 3.00
| Title | FINANCIAL REPORTING AND ANALYSIS |
|---|---|
| Level | Graduate |
| Department | ACCOUNTING - ROOM SSB S344K, (416) 736-5062 fax (416) 736-5687 |
| Description | This course examines why stock prices react when firms announce their earnings, and why certain trends in industry earnings affect stock prices of many firms in that industry. Under highly stylized Generally Accepted Accounting Principles (GAAP), abnormal accounting earnings of a firm can be discounted to derive an estimate of the share price. This course therefore offers a direct link between accounting policy choices, abnormal earnings (based on adjusted reported earnings) and stock price valuation. |
