Instructor Information
Mr. Ric Thomas, CFA
Office location: Sargent Hall - 5628
E-mail address: ethomas4@suffolk.edu
Phone number: 617-973-5365
Office hours: By appointment only
Course Information
Catalog Description
An in-depth analysis of financial statements, this course is about interpreting Financial Statements and other information sources in order to value equity and/or other securities like debt or derivatives.
Prerequisites:
MBA 650
Credit Hours:
3.00
A 7-week accelerated 3 credit hour course is equivalent to 15–20 hours per week. Although the amount of time that you spend studying may depend upon the subject matter, a student should expect to spend an average of 18 hours each week participating in the online class.
Instructor’s Course Description
An in-depth analysis of financial statements, this course is designed to help investors and managers in their assessment of a business entity. The course focuses on the analysis and interpretation of the balance sheet, income statement, statement of cash flows, and statement of shareholder’s equity. The course also focuses on forecasting the financial performance and valuation of a company by combining the analyticial work with a qualitative assessment of the economy and the industry in which the firm operates.
Textbook/Course Materials
- Easton, P. D., McAnally, M. L., Sommers, G., & Zhang, X-J. (2015). Financial statement analysis and valuation (5th ed.). Cambridge Business Publishers.
- Drake, M., Engle, E., Hirst, E. D., & McAnally, M. L. (2015). Cases in financial reporting (8th ed.). Cambridge Business Publishers.
Required Resources/Software
A functional computer/laptop and a reliable internet connection are required.
Blackboard
Blackboard is the Learning Management System (LMS) that we will use throughout the course for class announcements, documents, assignments, and online discussions. You should visit the course Blackboard site daily for important information concerning the course.
OneDrive
With OneDrive, you get free storage in the cloud to store your files. The files sync across computers when you log in to your OneDrive account. Using OneDrive, you may edit documents and collaborate with others.
Share PowerPoint presentations and files through email or submit to Blackboard by sending a short link in the message or by posting them to a social network, your website, or blog right from OneDrive for Business. There's also a desktop app for OneDrive for Business that creates a folder on your PC or Mac that syncs with your cloud folder and lets you access files on your PC remotely.
Refer to this Microsoft OneDrive resource for more information.
Zoom
Zoom is a video/web conferencing and online classroom tool available to all Suffolk students, faculty, and staff. Synchronous sessions conducted by your instructor will be held via Zoom. Please see the Suffolk Zoom site for more information. Students who would like to purchase a webcam or headset microphone to use with Zoom are encouraged to view Zoom’s list of compatible hardware.
Live sessions for this course are held from 8:30 p.m. – 10:00 p.m. EST Tuesdays. In the live sessions, you will meet your professor, discuss the course, and engage in conversation with your classmates.
The link to join the meetings will be sent to you by your faculty via announcements. If you miss one of the sessions, the recording link will be available to you by your faculty as well.
Live sessions are conducted via Zoom, a web conferencing platform. For information on joining a Zoom meeting, watch Zoom's Join a Meeting tutorial video.
Course Goals & Learning Objectives
Goals | Objectives | Assessments |
---|---|---|
Upon successful completion of this course, students should be able to: | Upon successful completion of this course, students should be able to: | How the student will be assessed on these learning objectives: |
Understand the importance of financial statements and how they can be useful in determining the financial health of a business. | Analyze the major financial statements and use the statements to make informed judgment as to the financial health of a company. | Textbook Assignments Online Discussions Case Studies Project report Project presentation Exam |
Know how to navigate through and interpret the income statement, balance sheet, statement of cash flows, and other relevant information when valuing a company. | Decompose and rearrange key elements within the major financial statements to gain a clearer picture as to the main drivers of company performance. | Textbook Assignments Online Discussions Case Studies Project report Project presentation Exam |
Understand the steps necessary to estimate past company performance and to forecast future company profitability. | Forecast future profitability and changes to the balance sheet and income statement based on past trends, company guidance, and independently derived expectations. Make an informed judgment as to the financial health, the valuation, and future prospects of a company. |
Textbook Assignments Online Discussions Case Studies Project report Project presentation Exam |
Assignments/Exams/Papers/Projects
Students will be evaluated in the following areas:
Select assignments in this course may be used by our accreditation team for institutional assessment purposes and will be handled confidentially.
Click each tab below to learn more.
- There are two discussion reflection questions throughout your lessons every week. You will receive an overall grade based on your participation in these weekly discussions at the end of the course. These reflection questions are not graded individually. Please try to be an active participant and get engaged in discussions with your classmates.
- There are 6 formal discussion forums in this course that are going to be graded individually. You must post your initial comment by Day 4 and 2 responses by Day 7. Please try to incorporate the concepts that you have learned in your posts. Postings must be relevant and substantive (i.e. ,Just posting an "I agree" or "Good ideas" will not be considered adequate.) Support statements with examples, experiences, and references.
- These assignments are assigned for you to practice the new concepts that you have learned each week. Please get in touch with your instructor if you have any questions regarding these assignments. You can use the biweekly ls to go over some of these questions.
- There are 6 case studies in this course that are going to be graded individually. After reading each case, there are some selected questions that you must answer regarding each case. These questions are listed in your Blackboard course under each week case study assignment.
- This is a team project with up to three people per group. Please get in touch with your instructor for details. Each group will select one publicly traded company from major stock indexes (S&P 500, Dow 30, NASDAQ, Russell 2000). There are 4 milestones for this project. The first 3 milestones (Weeks 1, 3, and 5) are not graded. They are formative assignments, and your instructor's feedback will help you to make sure that you are on the right track. Milestone 4 is in Week 7 and consists of two parts, a paper and a presentation. The presentation link is submitted through a discussion forum so it can be viewed by all students. The project paper is submitted to your instructor through an assignment dropbox for grading.
- The final exam consists of 17 multiple-choice questions (51 points) and five computational questions (49 points). For each computational question, you must show you work. The exam duration is 150 minutes (2:30 hours), and the timer begins as soon as you start. You only have one attempt and you must finish the exam in one sitting. The final exam is only available from Day 4 to Day 7. Students have to make sure to have a scanner or download an application on their cellphones to be able to scan and PDF their handwritten solutions for the final exam. Students have to make sure that these applications are downloaded and tested ahead of time. The final exam is timed, and students must be able to scan and submit their solutions within that time frame.
Grading
Please consider the online gradebook as a courtesy to you, subject to errors given various upgrades and shifts in the software. I reserve the right to make gradebook corrections to keep it consistent with the syllabus so that your grade reflects true performance, not software or user error. If you see something that doesn’t make sense, please alert me! Thanks so much for your help.
Assignments | Points Available | Overall Weight |
---|---|---|
Participation | 6 at 100 points each (as an overall grade for this based on your participation) | 5% |
Discussions | 6 at 100 points each | 15% |
Textbook Assignments | 7 at 100 points each | 10% |
Case Study Assignments | 6 at 100 points each | 15% |
Course Project Paper | 1 at 100 points | 10% |
Course Project Presentation | 1 at 100 points | 10% |
Final Exam | 100 points possible | 35% |
All assignments must be uploaded to Blackboard by the due date for full credit. Late submissions will be penalized. Computer problems will not excuse students for submitting assignments late. Always keep a backup of your work. There will be no make-up exam.
Range | Grade | Description |
---|---|---|
95–100 | A/4.0 | Excellent; exceeds expectations |
90–94 | A-/3.7 | |
87–89 | B+/3.3 | Very good |
83–86 | B/3.0 | Good; meets expectations |
80–82 | B-/2.7 | |
77–79 | C+/2.3 | Passing |
70–76 | C/2.0 | |
0–69 | F/0.0 |
Course Policies
This course abides by university policies that can be found in the Suffolk University Syllabus. In particular, please note the following. Click on each tab below to learn more.
The university provides a range of academic, counseling, medical and administrative student support services. To learn more, explore Suffolk University Syllabus.
Some projects may/will require the submission of video commentary, which can be accomplished using a webcam or embedded camera in a desktop, laptop, tablet, or smartphone. A headset or earbuds are also required for synchronous sessions.
You are expected to have regular access to a functional computer, required software, and reliable internet connection.
Technical support is available via the Help Desk. Click on the Help Desk link at the top of your course page in Blackboard to access their contact information. The Help Desk is available 24/7, except for on bank holidays, and provides assistance via phone, chat, and email.
Suffolk University has established processes to comply with the U.S. Department of Education’s credit hour definition, according to which a credit hour “reasonably approximates no less than (1) One hour of classroom or direct faculty instruction and a minimum of two hours of out of class student work each week for approximately fifteen weeks for one semester or trimester hour of credit, or ten to twelve weeks for one quarter hour of credit, or the equivalent amount of work over a different amount of time; or
(2) At least an equivalent amount of work as required in paragraph (1) of this definition for other academic activities as established by the institution including laboratory work, internships, practica, studio work, and other academic work leading to the award of credit hours.”
For more information on the U.S. Department of Education credit hour definition, please visit the Commission on Institutions of Higher Education at the New England Commission of Institutions of Higher Education (NECHE) and their Policy on Credits and Degrees.
A 7-week accelerated 3 credit hour course is equivalent to 15–20 hours per week. Although the amount of time that you spend studying may depend upon the subject matter, a student should expect to spend an average of 18 hours each week participating in the online class.
Students are expected to participate fully in online courses, as participation is an integral aspect of enhancing academic success, and are expected to abide by the Student Handbook.
If you determine that you need formal, disability-related accommodations, it is very important that you register with the Office of Disability Services and notify your professor of your eligibility for reasonable accommodations. You and your professor will then be able to plan how best to implement your accommodations.
The Office of Disability contact information:
Office Location: Stahl Building, 73 Tremont Street, 9th floor
Phone: 617-573-8034
Fax: 617-994-4251
Email: disabilityservices@suffolk.edu
Suffolk University expects all students to be responsible individuals with high standards of conduct. Students are expected to practice ethical behavior in all learning environments and scenarios, including classrooms and laboratories, internships and practica, and study groups and academic teams. Cheating, plagiarism, unauthorized collaboration, use of unauthorized electronic devices, self-plagiarism, fabrication or falsification of data, and other types of academic misconduct are treated as serious offenses that initiate a formal process of inquiry, one that may lead to disciplinary sanctions.
Please review the Academic Misconduct Policy in the student handbook
There is a formal process students must follow for grieving a grade. Please review the Academic Grievance Policy in the student handbook.
Confidential use of assignments for assessment purposes
Select assignments in this course may be used by our accreditation team for institutional assessment purposes and will be handled confidentially.
Additional Suffolk University Policies
Please review the additional University Policies that pertain to students in the College of Arts and Sciences and the Sawyer Business School.
Any time you see the word “research” or related concepts in your syllabus or on an assignment, there is a good chance that you will be required to locate, read, and incorporate information into your coursework from someplace other than Google. The University uses part of your tuition to pay for access to a wide variety of tools and resources located beyond firewalls on the web, undiscoverable or inaccessible to the casual searcher. Please visit the Mildred F. Sawyer Library in order to browse the many resources available to you. All links and resources from the library can be accessed by entering your university ID and the same, case-sensitive password you use for all other University applications.
Feel free to use the navigation on the webpage to explore the resources provided for many other disciplinary areas you may be interested in exploring. There are descriptions of which databases contain various types of information, and pictures and demos on how to most effectively use them. If you have a question regarding the research process or gaining access to or using a source, please contact your librarian.
All assignments in this course will be evaluated based on the following:
- evidence of learning in accordance with the course objectives
- depth of critical analysis
- reference to relevant issues and materials
- organization and thoroughness
- effectiveness of argumentation/analysis
- effectiveness of delivery
- accurate and coherent use of language
Assignments should demonstrate that you have analyzed and are thinking critically about the key issues in the course and relevant materials. Assignments should be logically presented, adequately supported and carefully reasoned.
All assignments should follow the APA (American Psychological Association) format guidelines. Visit Purdue OWL if you need assistance using APA style guidelines.
Guidelines for Written Assignments
- Use double-spaced, Times New Roman font size 12
- Use one-inch margins all around and business-like fonts
- Your name should appear only on the title page of your paper, not on any text pages
- Use APA format (unless directed otherwise) for references and citations
Guidelines for Presentations
- Preparation is key.
- When creating slides, focus on simplicity and necessity. Slides should support you as a presenter; they should not take your place, nor should you ever read directly from them!
- Always demonstrate professionalism. Whether you are presenting in person, in a synchronous live session, or in a video, you should dress in professional attire, ensure personal hygiene and grooming have been addressed, and that your presentation background is free of clutter, distraction, and noise.
Review the following resources to help you improve your presentation skills in order to create engaging and powerful presentations.
- Managing Your Anxiety While Presenting
- The Secret Structure of Great Talks
- How to Speak so that People Want to Listen
Grammar and Punctuation
- Use complete sentences. Make sure each sentence has a subject and a verb to form an independent clause.
- Avoid run-on sentences by separating the independent clauses in your writing with a coordinating conjunction.
- Use a comma before a coordinating conjunction joining independent clauses and between all items in a series.
- Be consistent in choosing the tense, mood, and voice of verbs.
- Subject nouns and pronouns must agree with the verb form.
- Do not use contractions.
- Follow the rules for singular and plural possessives.
- Learn to recognize and hyphenate compound modifiers and compound phrases.
- Use spell-check and proofread. Review your writing out loud. Sometimes you will hear problems in the text that you do not identify by reading. Ask someone else to read your paper to identify those places where the text may be improved.
- Read for clarity and simplicity. In many cases two sentences are more appropriate than one complex sentence with two concepts.
- Review every sentence in your paper and ask yourself, "How can I write this to express my thought more clearly and with improved vocabulary?"
- Write clearly and concisely
Your instructor’s contact information appears on the first page of the syllabus and under their profile on the Blackboard page. Your instructor will typically respond to messages within 24 business hours. Be sure to read and review the Netiquette page in Blackboard for guidance on how to interact with your instructor.
Please post general questions in the Q&A forum that is found within the course. The instructor strives to answer Q&A posts within the 24-hour time frame and every student will be able to read them.
Suffolk University, consisting of its Boston and Madrid campuses, seeks to foster a campus environment that supports its educational mission and is committed to providing a safe learning, living, and working environment for all members of the University community that is free from all forms of Sexual Misconduct. The University does not discriminate on the basis of sex or gender and this policy prohibits specific forms of behavior that violate Title IX of the Educational Amendments of 1972 (“Title IX”) and/or all other applicable state and federal laws.
This Policy also reflects the University’s commitment to educate, counsel, and train all of the members of the University community about the nature of Sexual Misconduct, its impact on individuals and the University community as a whole, and the steps necessary to combat it. Sexual Misconduct is antithetical to the mission of the University and the values it espouses and will be responded to diligently and accordingly. Creating a safe campus environment and a culture of respect is the shared responsibility of all members of the University community, individually and collectively. Visit the Title IX at Suffolk web page for contact information and more.
Course Schedule
The schedule, policies, procedures, and assignments in this course are subject to change in the event of extenuating circumstances, by mutual agreement, and/or to ensure better student learning.
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