Prof. M. CISI
The aim of the course is to give to the student the ability to prepare and to read a financial statement. The specific subject of the course is the financial statement as the typical document for internal and external disclosure.
Objectives of general purposes financial statement
- Users of financial statement
- The elements of financial statement
- Recognition of the elements of financial statement
Measurement of the elements of financial statement
- Intangible assets
- Properties, plants and equipments
- Financial assets
Tools and sources for financial statement analysis
Ratio analysis of financial statement
Capital structure and solvency
- working capital analysis
- liquidity ratio
- quick ratio
- Return on sales
- Return on invested capital
- Return on equity
- The funds flow cycle
- The cash flow statement
- Interpreting funds flows data
Helfert E. A., “Techniques of financial analysis“, McGraw-Hill (ninth edition)
Bernstein L.A., Wild J.J., “Analysis of financial statements“, McGraw-Hill (fifth edition)
Alfredson K., Leo K., Picker R. Pacter P, Radford J. “Applying International accounting standards“, Wiley, 2005.
The course is structured in lectures, case studies of financial statement and exercises. The evaluation is based on a written exam and on an oral session. The final score will consider the result of elective activities.
Exercises, simulations and business cases provided by the teacher are published on www.klips.it.
Oct 22nd-26th: Prof. Tero Hujala from Metropolia University – Finland