The student will think critically and apply accounting knowledge, principles, and procedures by utilizing financial analysis and financial management techniques in managing the financial aspects of a "for profit" business. The student will learn to measure risk/reward/return; analyze corporate financial statements, and use time value of money analysis to make long-term financing decisions. The student will analyze corporate solvency and profitability utilizing ratio and trend analysis, apply financial valuation and working capital management techniques, develop cash budgets, and develop pro forma financial statements. A corporate annual report project is required using spreadsheet and word processing software.