Ernest S. Fletcher

Professional Summary

Ernest Fletcher holds an MBA degree from Baylor University and graduated from the Graduate School of Banking at Louisiana State University. He is a registered financial consultant and a member of the International Association of Registered Financial Consultants, Financial Management Association International and Risk Management Association, North Texas Region.

Education

• 1990 – MBA, Baylor University, Waco, Texas
• 1983 – Graduate Banking School, Louisiana State University, Baton Rouge, Louisiana
• 1975 – BBA, Baylor University, Waco, Texas

Courses

• FIN 4340 – Real Estate Finance   (2020-current)
• FIN 4370 – Financial Analysis and Banking   (2010-current)
• FIN 4332 – Employee Benefit Planning   (2010-2015)
• FIN 3367 – Introduction to Personal Financial Planning   (2002-2009)
• FIN 3310 – Introduction to Corporate Finance   (2002-2020)

Research Interests

• Asset Pricing
• Cash Flow vs. Free Cash Flow Analysis
• Sustainable vs. Unsustainable Operating Cash Flow Analysis
• UCA Cash Flow Analysis

Selected Publications

• Fletcher, Ernest S. and J.T. Rose.  (December 2021). "Whitley Manufacturing Company: A Commercial Credit Case Study Using UCA Cash Flow Analysis." Journal of Finance Case Research, 19(2) 25-35.
• Fletcher, Ernest S. and J.T. Rose.  (Summer 2019). "Sustainable versus Unsustainable Operating Cash Flows in UCA Cash Flow Analysis." Advances in Financial Education, 24-51.
• Fletcher, Ernest S. and J.T. Rose. (2019). "A Note on Using UCA Cash Flow Analysis to Discern the Purpose(s) of a Firm's Short-Term Borrowing," Journal of Accounting and Finance, 19(1), 32-38.
• Beach, Rex, Ernest S. Fletcher and J.T. Rose. (Winter 2017). "Cash Flow Statements for Commercial Credit Analysis: UCA vs. FASB 95." Advances in Financial Education, 89-107.