|
 December 5 •
Open book notes etc •
No Laptops
Chapters covered
13 Intercorporate Investments.
Investment in
securities; Analysis of marketable securities (3 methods); Equity method of
accounting; Consolidations and comparison; Business Combinations;
Off-balance sheet activities and avoiding non-consolidation; What happened at
Enron?
Notes
18 Accounting Based Measures of Risk
Prediction of Bankruptcy; the Prediction of Debt Risk and Equity Risk; Debt
ratings and covenants; Cost of debt; Prediction using accounting variables;
Z-score analysis; Ratios and ratings from S & P etc.
05 Empirical Research: Implications for Financial Statement Analysis
Classical Approach; Fundamental Analysis; Market Based Research; Positive
Accounting Research
The exam covers only topics from the second half of the course.
But you still have know and use basic financial statement analysis tools
introduced earlier - like ratio analysis, cash flow statement components and
footnote adjustments.
11-11-28
Review materials
Class discussion:
13: Marketable Securities Example •
13-13 ExxonMobil • 18 - 1 to 3 • 05-08,09
Cases (Analysis posted on the web):
Texaco |
