Class 12
Analyzing Accounting Disclosures
Description
This class examines information contained in accounting disclosures and introduces techniques for locating and comparing important disclosure information. Disclosures are important because they provide context and details that cannot always be observed directly from the numbers reported in the financial statements.
Motivation
What can disclosures tell us that the financial statements alone cannot?
Review
The prior class used financial statement numbers to evaluate a company's performance and financial position. This class expands the analysis by considering the narrative and supporting information that helps explain what those numbers represent.