COURSE INTRODUCTION AND APPLICATION INFORMATION

Course Name
Financial Statement Analysis
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ISL 593
Fall/Spring
3
0
3
7.5
Prerequisites
None
Course Language
Turkish
Course Type
Elective
Course Level
Second Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course
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;
  • Understand financial statements (comprehensive income statement, balance sheet, statement of cash flow, statement of changes in equity and notes to accounts) from various users’ perspectives.
  • Explain the importance of business and industrial analysis as the basis of financial statement analysis.
  • Apply different tools and techniques for assessing a company's performance, such as financial ratios, cash flow analysis and forecasting techniques.
  • Undertstand financing, investing and operating strategies of a company.
  • Improve their analytical skills.
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

 



Course Category

 Core Courses
Major Area Courses
X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Required Materials
1 Nature of Financial Reporting Chapter 1
2 Balance Sheet Chapter 2
3 Income Statement Chapter 3
4 Statement of Cash Flows Chapter 4
5 What Is Profit? Statement of Shareholders’ Equity Chapter 5
6 EBIT, EBITDA, And Total Enterprise Value Chapter 8
7 Analyzing Companies - Horizontal and Vertical Analysis Group Work 1
8 Revenues and Income Chapter 6
9 Costs and Expenses Chapter 7
10 Financial Ratios – Profitability, liquidity, solvency, debt, working capital management, market, interpretation issues and limitations of ratio analysis Notes will be provided.
11 Analyzing Companies - Ratio Analysis Group Work 2
12 Forecasting Financial Statements Chapter 12
13 Credit Analysis Chapter 13
14 Equity Analysis and Valuation Chapter 14
15 Analyzing Companies - Proforma Statements Group Work 3
16 Review of the semester
Course Notes/Textbooks

Financial statement analysis: a practitioner’s guide, Martin S. Fridson and Fernando Alvarez. – 4th ed.
Suggested Readings/Materials

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
40
Presentation / Jury
1
10
Project
1
20
Seminar / Workshop
Oral Exam
Midterm
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
3
70
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

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
14
3
42
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
40
Presentation / Jury
1
14
Project
1
26
Seminar / Workshop
Oral Exam
Midterms
Final Exams
1
20
    Total
190

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
 Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to demonstrate general business knowledge and skills.

 X
2

To be able to demonstrate business communication skills effectively.
3

To be able to deliver creative and innovative solutions to the business-related problems.

 X
4

To be able to evaluate the performance of business organizations through a holistic approach.
5

To be able to lead their peers and companies for the achievement of business goals.

 X
6

To be able to perform well in teamwork projects and business tasks.

 X
7

To be able to exhibit an ethical and socially responsible behavior in conducting research and making business decisions.

 X
8

To be able to solve business related problems using analytical and technological tools and techniques.
9

To develop a solution to business problems through systematic research.

 X
10

To be able to use a foreign language to follow information about the field of finance and participate in discussions in academic environments.

 X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest