Financial Statement Analysis
Netherlands, Maastricht
| Study location | Online |
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| Type | Online Summer Courses, Distance Learning |
| Nominal duration | 1 week - online (2 ECTS) |
| Study language | English |
| Tuition fee | €549 one-time |
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| Entry qualification | Enrolled as an Undergraduate student or Undergraduate diploma Although not mandatory, basic knowledge of accounting principles will be helpful. It is highly recommended that students refresh their basic accounting knowledge by taking “MSS1101 Financial Accounting: How to Prepare Financial Statements,” offered in the previous week in Maastricht Summer School by the same instructor: maastricht.dreamapply.com/courses/course/169-financial-accounting-prepare-financial-statements 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. |
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| Language requirements | English The language of the course is English, so we expect a fluent level and the ability to follow and participate in class. |
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| More information |
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Overview
Course Description
This course aims to equip you with the skills of a financial analyst. Upon completion, you will have the ability to analyse financial statements of various corporations (such as Microsoft, Google, Apple, McDonald’s, etc.) to compare and contrast their performance, liquidity, and solvency, viewing them through the lenses of a manager, banker, or shareholder.
Goals
• Understanding financial statements and various analytical techniques, including vertical analysis, horizontal analysis, common-sized statements, and ratio analysis.
• Comparing financial statements of different corporations, utilizing real-world data from major companies such as Google and Microsoft (sourced from www.finance.yahoo.com and www.sec.gov/EDGAR).
• Performing Liquidity, Profitability, and Solvency Analysis for comparable corporations (e.g., Coca-Cola and Pepsi) using data from www.finance.yahoo.com.
• Applying DuPont identity and conducting DuPont Analysis to evaluate the performance of different functional divisions within a corporation, such as management, marketing, and finance.
• Conducting a comprehensive Financial Statement analysis for a chosen corporation. Students will work on financial statements of their selected companies, accessing data from www.finance.yahoo.com, with guidance from the lecturer and instant feedback provided.
Recommended Literature
No mandatory textbooks are required; everything will be provided during the class.
Optional Reference material:
Damodaran, A. (2014). Applied Corporate Finance (4th ed.). Wiley.
Damodaran, A. (2012). Investment Valuation: Tools and Techniques for Determining the Value of Any Asset (3rd ed.). Wiley.
Weygandt, J. J., & Kimmel, P. D. (2022). Financial Accounting with International Financial Reporting Standards (5th ed.). Wiley. ISBN: 978-1-119-78705-1
Teaching Method
We will follow PBL (problem-based-learning). Problems will be provided or downloaded from the www.sec.gov/edgar or www.finance.yahoo.com
Assignments, Lectures, PBL, Presentations, Work in subgroups
Assessment Methods
Assignment, Participation, Presentation
Course Coordinator
Dr. Golam Robbani