This course helps students understand how firms communicate through financial statements. They learn how to:
- use financial statement analysis as an integral part of the strategic analysis of firms;
- interpret financial statements, analyze cash flows, make judgments about earnings quality and uncover hidden assets and liabilities;
- apply financial statement analysis prospectively to forecast and value firms by applying modern accounting-based technologies.
Students are also exposed to the latest academic research on fundamental analysis. The course has a very practical emphasis, with a wide variety of cases, in-class exercises and a group project, all involving comprehensive analyses of publicly traded companies.
Professor Bartczak’s seminars and teaching interests cover a broad range of topics, including corporate finance concepts and applications, financial accounting and reporting issues, credit policy and analysis, corporate restructurings and valuations and financial products. He is the author of more than 30 Harvard case studies, and he is the coauthor of more than 25 additional cases. While at Harvard Business School (197685), Bartczak was responsible for the...