AFM 276Financial Statement Analysis

Units: 0.50
Faculty: Arts
Subject: Accounting and Financial Management

When it runs

Ran in 3 of the last 7 terms. Winter 2027: not on the schedule. Spring 2027: schedule not out yet.

This course introduces fundamental tools of analysis and valuation to prepare students to research, interpret, and analyze financial statements. The course examines financial reporting from the perspective of the financial statement user with an emphasis on interpretation of financial disclosures for cash flow analysis, risk assessment, forecasting, and decision making.

Prerequisites

Complete all of the following
- Must have completed at least 1 of the following:
  - AFM191 - Introduction to Financial Reporting and Managerial Decision Making 1 (0.50)
  - AFM272 - Global Capital Markets and Financial Analytics (0.50)
  - AFM273 - Financial Instruments and Capital Markets (0.50)
- Complete 1 of the following
  - Enrolled in H-Accounting & Financial Management, H-Computing & Financial Management, H-Mathematics/Chartered Professional Accountancy, H-Science & Financial Management, or H-Sustainability & Financial Management
  - Enrolled in H-Biotechnology/Chartered Professional Accountancy

Antirequisites

Not completed any of the following:
- AFM492

Leads to

No course lists it as a requisite.

Fall 2026 sections

Enrolment from UW Open Data, which can trail Quest by up to two days. Instructors and rooms: Schedule of Classes.
Section	Class	Enrolled	Meets
LEC 001	3994	69 / 70	TTh 10:00–11:20

Reviewed on UW Flow

67% liked it88% easy63% useful

From 3 ratings and 1 comment on UW Flow. The most helpful comments, quoted as written, without names. Read them all on UW Flow.

Exams are a bit challenging otherwise it's pretty easy. Wouldn't consider it a bird anymore because there's so much more work, but the work itself is easy. Content is applicable, but if you're an upper year you would have already seen all of this stuff. Pretty straightforward.

Dec 2025 · liked it · 1 found this helpfulOn UW Flow Remove this

Check it elsewhere for Fall 2026

Undergraduate Calendar, 2026–27The official entry
Requirements for Fall 2026Waterloo’s requisite checker
Schedule of Classes, Fall 2026Instructors, rooms, live seats
Quest Class SearchWhere you enrol
Course outlinesSyllabi from past terms (UW login)
UW FlowStudent ratings and reviews
WClassesPast sections back to 2004, and who taught them

Calendar versions

Undergraduate Calendar

2024–25
2025–26 requisites changed
2026–27 requisites changed (shown here)
2019–20 and earlier on ucalendar