Course Code: BFIN 300
Academic Year: 2025-2026
The objective of this course is to demonstrate how financial information is used in forecasting, budgeting, and measuring the various financial operations of a business enterprise.This course introduces the student to basic financial analysis of the Income Statement, the Balance Sheet, and the Statement of Retained Earnings. It introduces the Statement of Cash Flows and moves the student towards analyzing how management has used capital and other resources to fund business activities. At the same time, the student is introduced to financial ratio analysis that is used as a tool to gauge the financial health of a business.The course also introduces the student to defining, classifying and measuring liabilities for the purpose of reporting useful information about them to the decision-maker. The student will actively evaluate liabilities such as warranties, taxes, and short-term notes payable and bonds by calculating interest rates and returns.The course also integrates profit planning, budgeting, financial planning and decision-making, the interdependence of the financial structure and capital structure of a business entity; and the setting of corporate objectives and priorities, projected financial results, and the feedback mechanisms comparing actual results to predetermined standards.