|Study location||Netherlands, Maastricht|
|Type||Summer Course, full-time|
|Nominal duration||1 week (2 ECTS)|
|Tuition fee||€400.00 per programme|
Iedereen is welkom
The entry qualification documents are accepted in the following languages: English.
Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.
B2, IELTS 6.5
A motivation letter must be added to your application.
Are you studying, or planning to study, business? Or are you running, or planning to open, a business of your own? Then you definitely need to know how to prepare financial statements and how to interpret the numbers in those statements for decision-making. The specific objective of this module is to learn:
(a) how to record economic transactions (You will never forget this in your life!)
(b) how to prepare an Income Statement, Balance Sheet, and Cash Flow Statement
© how to analyze financial statements from the point of view of managers, investors, and bankers
This course is suitable for those:
• Who are currently studying, or planning to study, business studies
• Who are already managing, or planning to open, a business
• Who studied accounting in the past but still struggle with key concepts
In this course, we will perform comparative analysis between firms using liquidity, efficiency, profitability, and leverage ratios. We will also learn how to use the DuPont Analytical techniques to analyze firms’ financial statements. Apart from short lectures, we will follow problem based learning (PBL) to make sessions interesting and enjoyable. We will emphasize ‘learning by doing’ and working in groups.
In this course, you will:
a) learn basic accounting principles and book-keeping techniques to record financial transactions
b) learn how to prepare financial statements
c) learn how to analyze financial statements to look at the numbers from owners’ (to know the value of the investment), managers’ (to verify companies’ strengths and weaknesses), or creditors’ (to know if lending money is safe or not) points of view.
None. This course will take place in the morning so this could potentially be combined with FIN201 Finance – Fundamental Tools and Techniques which will take place in the afternoon.
No textbook is required for you, everything will be provided. However, I will use the following book as a guide:
Weygandt, Kimmel and Kieso (2013) Financial Accounting IFRS Ed. Wiley.
Participation; Quiz; in-class tests; and homework.
Financial Accounting, Income Statement, Balance Sheet, Financial Analysis