040619 KU Abschlussanalyse und Unternehmensbewertung (MA) (2023W)
Prüfungsimmanente Lehrveranstaltung
Labels
Zusammenfassung
An/Abmeldung
Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").
- Anmeldung von Mo 11.09.2023 09:00 bis Fr 22.09.2023 12:00
- Anmeldung von Di 26.09.2023 09:00 bis Mi 27.09.2023 12:00
- Abmeldung bis Fr 20.10.2023 23:59
An/Abmeldeinformationen sind bei der jeweiligen Gruppe verfügbar.
Gruppen
Gruppe 1
Vorkenntnisse aus Konzernrechnungslegung und Rechnungslegung nach IFRS werden erwartet.
max. 50 Teilnehmer*innen
Sprache: Englisch
Lernplattform: Moodle
Lehrende
Termine (iCal) - nächster Termin ist mit N markiert
All Sessions will occur in Room: Hörsaal 10 except the Pre-Course (E-Survey) and the 5th session (14/12/2023, 08:00-09:30), which will take place online (through Zoom).
The Pre-Course is an E-Survey through Moodle; no preparation is needed. All students can participate in the survey all day (05/10/2023) through Moodle.
The Mid-term Examination (8:30-9:30) will occur in Room: Hörsaal 10, and the Final Examination (8:30-9:30) in Room: Hörsaal 15.
Finally, the Presentations of Group Projects will take place in Room: Hörsaal 15. All Groups will present on the same day after the Final Examination.
Session Topic Date Room Hours
Pre-Course E-Survey through Moodle 05/10/23 Moodle -----
1 The Fundamentals of Financial Statement Analysis 16/10/23 HS10 8:30-10:45
2 Analysis Tools 30/10/23 HS10 8:30-10:45
3 Ratio Analysis 13/11/23 HS10 8:30-10:45
Midterm Exam 27/11/23 HS10 8:30-9:30
4 Business Valuation 04/12/23 HS10 8:30-10:45
5 Digitally 14/12/23 ----- 8:00-9:30
Final Exam 22/01/24 HS15 8:30-9:30
Presentations of Group Projects 22/01/24 HS15 9:45–16:30
Montag
16.10.
08:00 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag
30.10.
08:00 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag
13.11.
08:00 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag
27.11.
08:00 - 09:30
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag
04.12.
08:00 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
14.12.
08:00 - 09:30
Digital
Montag
22.01.
08:00 - 14:45
Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Montag
22.01.
15:00 - 16:30
Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Gruppe 2
Vorkenntnisse aus Konzernrechnungslegung und Rechnungslegung nach IFRS werden erwartet.
max. 50 Teilnehmer*innen
Sprache: Englisch
Lernplattform: Moodle
Lehrende
Termine (iCal) - nächster Termin ist mit N markiert
All Sessions will occur in Room: Hörsaal 10 except the Pre-Course (E-Survey) and the 5th session (14/12/2023, 9:45-11:15), which will take place online (through Zoom).
The Pre-Course is an E-Survey through Moodle; no preparation is needed. All students can participate in the survey all day (05/10/2023) through Moodle.
The Mid-term Examination (8:30-9:30) will occur in Room: Hörsaal 12, and the Final Examination on 22/01/2024 (8:30-9:30) in Room: Hörsaal 16.
Finally, the Presentations of Group Projects will take place in Room: Hörsaal 16/17. All Groups will present on the same day after the Final Examination.
Session Topic Date Room Hours
Pre-Course E-Survey through Moodle 05/10/23 Moodle -----
1 The Fundamentals of Financial Statement Analysis 23/10/23 HS10 8:30-10:45
2 Analysis Tools 13/11/23 SR15 8:15-11:00
3 Ratio Analysis 20/11/23 HS10 8:30-10:45
Midterm Exam 27/11/23 HS12 8:30-9:30
4 Business Valuation 11/12/23 HS10 8:30-10:45
5 Digitally 14/12/23 ----- 9:45-11:15
Final Exam 22/01/24 HS16 8:30-9:30
Presentations of Group Projects 23/01/24 HS16/17 9:45–16:30
Montag
23.10.
08:00 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag
13.11.
08:00 - 09:30
Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
Montag
13.11.
09:45 - 11:15
Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
Montag
20.11.
08:00 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Montag
27.11.
08:00 - 09:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Montag
11.12.
08:00 - 11:15
Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
Donnerstag
14.12.
09:45 - 11:15
Digital
Montag
22.01.
08:30 - 09:30
Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Dienstag
23.01.
09:45 - 13:00
Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Dienstag
23.01.
13:15 - 16:30
Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Information
Ziele, Inhalte und Methode der Lehrveranstaltung
Art der Leistungskontrolle und erlaubte Hilfsmittel
Assessment Criteria and Minimum Requirements:
The student’s final grade is assessed from the results of the following five types of prerequisites:
Pre-Course E-Survey: 5 points
Participation and Quizzes: 5 points
Written Mid-term Examination: 60 minutes, 30 points of the course’s final grade.
Written Final Examination: 60 minutes, 30 points of the course’s final grade.
Case Study Assignment: financial statement analysis of a specific company and presentation of findings, 30 points of the course’s final grade.For the written exams, only a non-programmable calculator is permitted. The time-length of exams is prone to changes based on consultations with students.The use of AI tools (e.g. ChatGPT) for the production of texts is only permitted if they are expressly requested by the course leader (e.g. for individual work tasks).
The student’s final grade is assessed from the results of the following five types of prerequisites:
Pre-Course E-Survey: 5 points
Participation and Quizzes: 5 points
Written Mid-term Examination: 60 minutes, 30 points of the course’s final grade.
Written Final Examination: 60 minutes, 30 points of the course’s final grade.
Case Study Assignment: financial statement analysis of a specific company and presentation of findings, 30 points of the course’s final grade.For the written exams, only a non-programmable calculator is permitted. The time-length of exams is prone to changes based on consultations with students.The use of AI tools (e.g. ChatGPT) for the production of texts is only permitted if they are expressly requested by the course leader (e.g. for individual work tasks).
Mindestanforderungen und Beurteilungsmaßstab
A minimum of 50 points in total is required to pass the course. The grading system is the following:
Grade 1: 100 to 89 points,
Grade 2: 88 to 76 points,
Grade 3: 75 to 63 points,
Grade 4: 62 to 50 points,
Grade 5: less than 50 points.
Note: Students who fail must repeat and attend the entire course (and register as usual the next time the course is offered).
Grade 1: 100 to 89 points,
Grade 2: 88 to 76 points,
Grade 3: 75 to 63 points,
Grade 4: 62 to 50 points,
Grade 5: less than 50 points.
Note: Students who fail must repeat and attend the entire course (and register as usual the next time the course is offered).
Prüfungsstoff
The Pre-Course E-Survey is based on IAS/IFRS knowledge, accounting consolidation, and understanding of business and accounting topics.The Midterm Examination relies on the topics covered in sessions 1 to 3, while the Final Examination covers all topics discussed in all sessions and related learning material for the whole semester. Both examinations typically include multiple-choice questions of different formats. For the written exams, only a non-programmable calculator is permitted. The time-length of examinations is prone to changes based on consultations with students.The Case Study Assignment is conducted in group projects after the 3rd session. All groups are constituted of 3 or 4 participants. For the assignment, each group should select a company with enough publicly available data to proceed with in-depth analysis. This involves analysing “Financing, Investing and Operating Activities” and “Company Valuation” of the selected entity based on the financial statements and publicly available data. In their assignments, the students should finally recommend whether to “buy”, “sell”, or “hold” the company’s stock based on the analysis.
Literatur
Reading List – Literature:
Lectures Provided Presentations
Excel Files with ExamplesRequired Textbook:
Alexander, D., Jorissen, A., Hoogendoorn, M., Van Mourik, C., Kirwan, C., Inwinkl, P., and Michelon, G. (2023). International Financial Reporting and Analysis. 9th ed. Hampshire, UK: Cengage Learning, EMEA.Complementary Material:
Altman, E. (1983). Corporate Financial Distress: A Complete Guide to Predicting, Avoiding and Dealing with Bankruptcy. New York, USA: Wiley.
Robinson, T.R., van Greuning, H., Henry, E., and Broihahn, M.A. (2020). International Financial Statement Analysis. 4th ed. New Jersey, USA: John Wiley& Sons, Inc.
Subramanyam, K.R. (2014). Financial Statement Analysis. 11th ed. New York, USA: McGraw-Hill Education.
Lectures Provided Presentations
Excel Files with ExamplesRequired Textbook:
Alexander, D., Jorissen, A., Hoogendoorn, M., Van Mourik, C., Kirwan, C., Inwinkl, P., and Michelon, G. (2023). International Financial Reporting and Analysis. 9th ed. Hampshire, UK: Cengage Learning, EMEA.Complementary Material:
Altman, E. (1983). Corporate Financial Distress: A Complete Guide to Predicting, Avoiding and Dealing with Bankruptcy. New York, USA: Wiley.
Robinson, T.R., van Greuning, H., Henry, E., and Broihahn, M.A. (2020). International Financial Statement Analysis. 4th ed. New Jersey, USA: John Wiley& Sons, Inc.
Subramanyam, K.R. (2014). Financial Statement Analysis. 11th ed. New York, USA: McGraw-Hill Education.
Zuordnung im Vorlesungsverzeichnis
Letzte Änderung: Mo 06.11.2023 10:07
Place: Mixed: On-Site (Room: HS10) and online (Pre-Course E-Survey and last (5th) session)
Language: English
LMS: MoodleAims, Contents and Delivery Method of the Course:
The course is designed to cover the mechanisms of financial statement analysis from the financial and accounting perspective applying financial analysis tools such as ratios, vertical analysis, horizontal analysis, and company valuation models. This course explores financial reporting from the standpoint of financial statement users in greater depth. Topics include balance sheet analysis, income statement analysis, liquidity, operation performance, profitability, solvency analysis, prospect analysis and company valuation.After completing the course, students will be able to dig up publicly available information; read, analyse and compare financial statements by applying the tools mentioned above for financial analysis. Students will develop a sufficient understanding of the concepts and recording procedures and therefore be able to interpret various disclosures in an informed manner. Students will learn to compare companies financially, understand cash flow, and grasp fundamental profitability issues and risk analysis concepts. Furthermore, students will be able to estimate a company’s value using financial information and draw important analytical conclusions. Students will also understand how financial data is used to assess what drives financial performance and forecast future financial scenarios.Teaching Method:
The sessions involve theory discussions accompanied by practical examples and hands-on exercises. The lecturer presents the contents of the course via presentations on-site. Lectures provide background knowledge in understanding the theory and logic behind the accounting and financial fields and processes.Before the course starts, students are recommended to participate in a pre-course survey, where they will evolve actively to identify their level of knowledge. Relevant issues and further questions are discussed together, using practical examples to provide the opportunity to deepen the theoretical understanding. The course will put more emphasis on practical examples and applications. Note that successful course completion depends significantly on whether students systematically review the class material and participate in the lecture.