• The purpose of the income statement, balance sheet, and statement of cash flows
• How prior accounting decisions (inventory, receivables, depreciation) affect financial statements
• The difference between profitability, liquidity, and solvency
• How to calculate and interpret key financial ratios

• Analyze income statements and balance sheets
• Trace how inventory methods impact gross profit
• Evaluate how allowance estimates impact assets
• Interpret how depreciation affects retained earnings
• Calculate and interpret financial ratios
• Compare two companies in the same industry
• Identify financial strengths and weaknesses
• Read selected sections of a real 10-K report
• Use Excel to calculate ratios and visualize trends
• Write professional financial summaries

• Written financial analysis report
• Executive summary memo
• Slide presentation
• Excel financial dashboard