MIT OpenCourseWare

Browse materialsMIT 15.535 · Spring 2003

Business Analysis Using Financial Statements

Subjects: Business · Economics · Finance · Management

Art: Gaston, John, (John Gaston merchant ledger) - DPLA -…, 1773 · Public domain

Instructor: Prof. Peter Wysocki
Term: Spring 2003
Level: Graduate
What's inside: 1 lecture note · 25 other files · 4 web pages
Materials open: MIT OCW

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Source: MIT OpenCourseWare 15.535 Business Analysis Using Financial Statements, Spring 2003, Prof. Peter Wysocki — original course page on ocw.mit.edu ↗. License: CC BY-NC-SA 4.0. Study order: MIT's own listing order, section by section. Taken from MIT's published course files, downloaded from ocw.mit.edu on September 23, 2026. How RedLectern is built.

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Lecture Notes

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Exams

MIT OpenCourseWare, Prof. Peter Wysocki, 15.535 Business Analysis Using Financial Statements, Spring 2003.

License: CC BY-NC-SA 4.0 · Edition: Spring 2003 · Open the original course on OCW ↗

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Business Analysis Using Financial Statements

Before you start

What's here, and what isn't

Not included here

Materials by section

Lecture Notes

Assignments

Exams

Lecture 1: Introduction: Accounting Scandals, Business Valuation and Market Efficiency

Lecture 2: The Basics of Company Valuation: DCF Foundations Setting the Stage for Using Accounting Information

Lecture 3: Cash Flow Analysis: Is Cash King?

Lecture 4: Using Accounting Earnings for Valuation - Why Earnings and Not Cash Flow?

Lecture 5: Comparative Analysis: What Do Analysts Do?

Lecture 6: Turbo Accounting I - A Review of How to Read a Financial Statement

Lecture 7: How Companies Cook the Books

Lecture 8: Detecting Earnings Management: Applied Analysis

Lecture 9: Quiz #1 - In Class Final Guidance/Overview on Part 1 of Project

Lecture 10: Analyst Team Presentations and Due Diligence Response by Matched Teams

Lecture 11: Analyst Team Presentations and Due Diligence Response by Matched Teams

Lecture 12: Risk Assessment: Do Financial Statements Capture Risk?

Lecture 13: Risk I: Cost of Capital: Is CAPM Dead?

Lecture 14: Risk and Accounting Trading Strategies: Do Investors Understand Accounting?

Lecture 15: Risk II: Accounting #’s in Contracts: Ratio Analysis and Bankruptcy Detection

Lecture 16: Mergers and Acquisitions: Impairment of Goodwill, Writedowns, Private Firm Valuation

Lecture 17: Employee Stock Options and Valuation: Should Options be Expensed? Understanding the current debate

Lecture 18: Quiz #2 - In Class Final Guidance/Overview on Part 2 of Project

Lecture 19: Off Balance Sheet Activities - Deconstructing the Enron Debacle and Beyond

Lecture 20: Pension Plans - The Next Accounting Disaster?

Lecture 21: International Financial Analysis

Lecture 22: Hot Topics in Accounting and Valuation: + Capstone

Lecture 23: Analyst Team Presentations and Due Diligence Response by Matched Teams

Lecture 24: Analyst Team Presentations and Due Diligence Response by Matched Teams