Financial Statement Analysis
|Type||Online Summer Courses, distance learning|
|Nominal duration||1 week - online (2 ECTS)|
|Tuition fee||€499 one-time|
Enrolled as an Undergraduate student or Undergraduate diploma
Not mandatory but basic accounting knowledge will be helpful. Alternatively, students can take “ACC1010 Financial Accounting: How to Prepare Financial Statements” offered in the previous weeks of this summer school by Dr. Golam Robbani.
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.
The language of the course is English, so we expect a fluent level and the ability to follow and participate in class.
Please note that this course will take place online.
The aim of this course is to make you a financial analyst. After finishing this course, you will be able to analyse financial statements of two or more corporations (such as Microsoft, Google, Apple, McDonald etc.) to compare and contrast the performance, liquidity, and solvency from the points of view of a manager, banker, or shareholder.
After completing this course students will understand:
1. What are financial statements and what are analytical techniques available.
What are vertical analysis, horizontal analysis, common-sized statements, and ratio analysis,
2. How to compare financial statements of two unequal corporations (we will use real world information of large corporations such as as Google Microsoft etc. from www.finance.yahoo.com)
3. What are, and how to perform, Liquidity, Profitability, and Solvency Analysis of two comparable corporations (Coca-Cola and Pepsi) taking data from www.finance.yahoo.com
4. What is DuPont identity and how to perform DuPont Analysis. How DuPont Analysis helps us calculate the performance of different functional divisions of a corporation— such as the management, marketing, and finance divisions.
5. How to perform a complete Financial Statement analysis of a corporation. Students will work on the financial statements of two companies of their choice downloading data from www.finance.yahoo.com. This class will be guided by the lecturer and instant feedback will be provided.
No textbook is required for you to buy. As a reference, the course will use this book: Weygandt, Kimmel and Kieso: Financial Accounting IFRS Ed. By Wiley.
Apart from short lectures, we will follow problem-based learning (PBL) to make learning sessions interesting, enjoyable, and effective. We will emphasize on “learning by doing“ and working in groups and practicing with real financial statements downloaded from www.finance.yahoo.com
Class Participation; Quiz; in-class tests; homework; group work, and presentation
This course is suitable for:
• Current students of business studies at any level: bachelors and Masters
• Start-ups and new entrepreneurs who are already managing, or planning to open, a business
• Current and potential investors in stock markets
• Students who have already studied accounting but who would like to refresh their knowledge
Dr. Golam Robbani
Central European Time
Central European Time