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 of Professional Practice
Professor Ziv was on the faculty of Yale School of Organization and Management, on the faculty of Columbia Business School and on the faculty of the Interdisciplinary Center Herzliya (IDC) (where he also founded and headed the executive education unit) before rejoining Columbia Business School as a Vice Dean and a Professor of Accounting. Professor Ziv also serves on the editorial...