This subject is very practical as it provides students with knowledge of financial analysis at an advanced level, such as how to evaluate and analyze the industry as well as the firm’s business strategy choices in that industry to identify the firm’s profit drivers and key risks that help businesses survive and develop, using case studies from well-known publicly traded corporations in both the US and Vietnam. Students will also learn how to isolate noise from financial statements to focus on reliable background information and how to identify the corporate managers’ reporting strategy in order to restore and recast the firm’s financial statements, earnings, and cash flows to understand the true economic picture of their business. Also, based on the reliable analysis of key financial ratios such as P/E, P/B, financial leverage, and the sustainability of the firms’ income, the prospective analysis can be made appropriately. Students are also equipped with advanced knowledge of credit analysis and distress prediction. Following this principle, financial analysts will become truly useful for corporate executives, commercial bankers, potential investors, and suppliers in helping them identify the firm's ability to repay debt, thereby forecasting the likelihood of a business falling into financial distress and hence the potential change of the firm's stock price in the future. Finally, learners will be able to integrate corporate analysis into the financial analysis to advance the quality of the report.