Lecture, three hours. Requisite: course 403. Preparation: course 220 (corporate financial reporting), or comfort with learning new concepts independently prior to covering in class. Development of skills and tools for using financial statements and other information to evaluate and value companies. Financial analysis segment covers use of accounting to evaluate company performance. Forecasting and valuation segment develops of techniques for estimating fundamental value of company, and evaluating estimates. Applied course with some valuation theory, but only cursory reviews of accounting principles. S/U or letter grading.