LEARNING OUTCOMES
This course is intended for students interested in financial statement analysis. After completing the course, students understand the underlying theory of financial analysis and valuation. They can assess the profitability and risk of a company using financial statement ratios and other analytical tools. They have knowledge and skills needed in analyzing financial statements in various decision-making situations. In particular, they can answer to the important question: what is this company really worth?"
Credits: 6
Schedule: 14.09.2021 - 25.10.2021
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Juha-Pekka Kallunki, David Derichs
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
1. Understanding the Business
2. Accounting Analysis
3. Financial Ratio Analysis
4. Cash Flow Analysis
5. Forecasting
6. Cost of Capital
7. Firm Valuation
8. Valuation Ratios
9. Accounting Flexibility and Earnings Quality
Assessment Methods and Criteria
valid for whole curriculum period:
1. Exam (60 %)
2. Assignments (40%)
Exception: For online course in autumn 2020:
1. Exam (40 %)
2. Exercises (15 %)
3. Report (35 %)
4. Peer Evaluation of report (10 %)
Workload
valid for whole curriculum period:
- Lectures, 15h
- Exercises, 6h
- Independent work, 139h
- Exam, 3 h
DETAILS
Study Material
valid for whole curriculum period:
Kinserdal, Plenborg & Petersen (2017). Financial Statement Analysis: Valuation - Credit Analysis - Performance Evaluation. Fagbokforlaget. ISBN:9788245021028
Supplementary material provided by the instructor.
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Period:
2020-2021 Autumn I, Spring IV
2021-2022 Autumn I, Spring IV
Course Homepage: https://mycourses.aalto.fi/course/search.php?search=22E00100
Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu (sisu.aalto.fi) instead of WebOodi.
Please see Sisu for the registration dates.