This session is meant to give you a basic overview of accounting principles that will be helpful in case analyses to understand:
- how to read the financial statements of a company (balance sheet, income statement, and the statement of cash flows)
- how to determine the health of a company from financial statements
- how well a company is performing
- how accounting definitions of "value" differ from those of a financial or market determination of "value"
After this session, you will be expected to "run the numbers" when evaluating a case.