This course is designed to expand your knowledge of financial reporting from a user’s perspective. To do this, firm disclosures are used to explore how analysts use financial information to value the firm, how some managers attempt to alter perceptions of firm value, and how accounting rules can impact perceptions of firm value. Current developments in key disclosure rules and managers’ incentives to exert discretion over reported earnings are discussed. Spring term. Required for all Financial Reporting & Assurance Track students.