Course Number:

Credit Hours:

1.5

Course Title:

Global Financial Statement Analysis

Course Description:

Designed to enhance the ability of a user of financial statements in a global setting to understand the statements and be aware of issues that can make them incomparable or misleading. Many businesses operate in global markets, competing, hiring, purchasing, and selling across many country borders. International mergers and the growing types of businesses not bound by geographic borders (banking, telecommunications, or Internet) have accelerated globalization, challenging managers, consultants, and investors to understand how these developments influence business strategies and decision making. Financial reporting and accounting methods that summarize financial performance of the business differ across the world. The accounting choices and games differ, terminology and practices in disclosing the profits and asset values differ, and the interpretation of financial reports requires understanding of the cultures before one can assess the financial performance of a business.