Restricted to students in a business major. Study of financial statements and their related footnotes; tools and procedures common to financial statement analysis; the relationships among business transactions, environmental forces (political, economic, and social), and reported financial information; and how financial statement information can help solve certain business problems. Three lecture hours a week for one semester. Accounting 327 and 380K (Topic 7: Financial Statement Analysis) may not both be counted. Prerequisite: Accounting 326 with a grade of at least C-.