040619 KU Financial Statement Analysis and Business Evaluation (MA) (2023W)
Labels
Summary
Registration/Deregistration
- Registration is open from Mo 11.09.2023 09:00 to Fr 22.09.2023 12:00
- Registration is open from Tu 26.09.2023 09:00 to We 27.09.2023 12:00
- Deregistration possible until Fr 20.10.2023 23:59
Groups
Group 1
Lecturers
Classes (iCal) - next class is marked with N
All Sessions will occur in Room: Hörsaal 10 except the Pre-Course (E-Survey) and the 5th session (14/12/2023, 8:00-9:30), 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
Group 2
Lecturers
Classes (iCal) - next class is marked with N
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
Information
Aims, contents and method of the course
Assessment and permitted materials
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).
Minimum requirements and assessment criteria
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).
Examination topics
Reading list
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.
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.