Course Name | Essentials of Financial Statement Analysis |
Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
---|---|---|---|---|---|
ACC 402 | Fall/Spring | 3 | 0 | 3 | 6 |
Prerequisites |
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Course Language | English | ||||||||
Course Type | Elective | ||||||||
Course Level | First Cycle | ||||||||
Mode of Delivery | - | ||||||||
Teaching Methods and Techniques of the Course | DiscussionProblem SolvingCase StudyQ&A | ||||||||
Course Coordinator | |||||||||
Course Lecturer(s) | |||||||||
Assistant(s) |
Course Objectives | The objective of this course is to prepare students to interpret and analyze financial statements. The viewpoint is that of various users of financial statements. The main focus is the use of financial statements in business analysis, strategic decision making, developing business strategies and evaluating performance. This course will also help students in revisiting their accounting and finance knowledge, and will improve their analytical skills as well. |
Learning Outcomes | The students who succeeded in this course;
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Course Description | This course introduces the methods of financial statement analysis to the students. The topics covered are ratio analysis, common size analysis, comparative analysis, reporting environment, accounting analysis, analyzing financing, investing and operating activities, cash flow, profitability, prospective and credit analysis. |
Related Sustainable Development Goals | |
| Core Courses | |
Major Area Courses | ||
Supportive Courses | ||
Media and Managment Skills Courses | ||
Transferable Skill Courses |
Week | Subjects | Required Materials |
1 | Overview of the Financial Statement Analysis - Introduction to business analysis and analysis tools - ratio analysis, common size analysis, comparative analysis | Chapter 1 |
2 | Overview of the Financial Statement Analysis - Introduction to business analysis and analysis tools - ratio analysis, common size analysis, comparative analysis | Chapter 1 |
3 | Financial Reporting and Analysis - Reporting environment, accounting analysis | Chapter 2 |
4 | Financial Reporting and Analysis - Reporting environment, accounting analysis | Chapter 2 |
5 | Analyzing Financing Activities - Analysis of liabilities, leases contingent liabilities, off-balance sheet financing and analysis of shareholders' equity | Chapter 3 |
6 | Analyzing Financing Activities - Analysis of liabilities, leases contingent liabilities, off-balance sheet financing and analysis of shareholders' equity | Chapter 3 |
7 | Analyzing Investing Activities - Analysis of current, long-term, plant and intangible assets | Chapter 4 |
8 | Analyzing Investing Activities - Analysis of intercorporate investments | Chapter 5 |
9 | Midterm Exam | |
10 | Analyzing Operating Activities - Analysis of Income, revenue and expenses | Chapter 6 |
11 | Cash Flow Analysis | Chapter 7 |
12 | Return on Invested Capital and Profitability Analysis | Chapter 8 |
13 | Prospective Analysis | Chapter 9 |
14 | Credit Analysis - Liquidity and solvency analysis | Chapter 10 |
15 | Equity Analysis and Valuation | Chapter 11 |
16 | Review of the semester |
Course Notes/Textbooks | Available as e-book at the Library: Financial statement analysis: a practitioner’s guide, Martin S. Fridson and Fernando Alvarez. – 4th ed. |
Suggested Readings/Materials |
Semester Activities | Number | Weigthing |
Participation | ||
Laboratory / Application | ||
Field Work | ||
Quizzes / Studio Critiques | ||
Portfolio | ||
Homework / Assignments | 1 | 30 |
Presentation / Jury | ||
Project | ||
Seminar / Workshop | ||
Oral Exam | ||
Midterm | 1 | 30 |
Final Exam | 1 | 40 |
Total |
Weighting of Semester Activities on the Final Grade | 2 | 60 |
Weighting of End-of-Semester Activities on the Final Grade | 1 | 40 |
Total |
Semester Activities | Number | Duration (Hours) | Workload |
---|---|---|---|
Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
Study Hours Out of Class | 15 | 3 | 45 |
Field Work | |||
Quizzes / Studio Critiques | |||
Portfolio | |||
Homework / Assignments | 1 | 25 | |
Presentation / Jury | |||
Project | |||
Seminar / Workshop | |||
Oral Exam | |||
Midterms | 1 | 20 | |
Final Exams | 1 | 30 | |
Total | 168 |
# | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
1 | To be able to solve problems with an analytical and holistic viewpoint in the field of business administration. | X | ||||
2 | To be able to present the findings and solutions to the business problems in written and oral formats. | X | ||||
3 | To be able to interpret the application of business and economic concepts, and philosophies at the national and international levels. | X | ||||
4 | To be able to use innovative and creative approach for real-life business situations. | |||||
5 | To be able to demonstrate leadership skills in different business situations. | |||||
6 | To be able to interpret the reflections of new technologies and softwares to business dynamics. | |||||
7 | To be able to integrate knowledge gained in the five areas of business administration (marketing, production, management, accounting, and finance) through a strategic perspective. | |||||
8 | To be able to act in accordance with the scientific and ethical values in studies related to business administration. | |||||
9 | To be able to work efficiently and effectively as a team member. | X | ||||
10 | To be able to have an ethical perspective and social responsiveness when making and evaluating business decisions. | |||||
11 | To be able to collect data in the area of business administration and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1). | |||||
12 | To be able to speak a second foreign at a medium level of fluency efficiently. | |||||
13 | To be able to relate the knowledge accumulated throughout the human history to their field of expertise. |
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest