•     Financial Statement Analysis ACC3LF103-3005 19.08.2019-13.12.2019  5   (LF4PACC, ...) +-
    Learning objectives
    You identify and calculate the major categories of ratios for assessing the financial performance and position of a business. You define, calculate and interpret key financial ratios in terms of profitability, liquidity and solvency. You prepare a common-sized analysis as well a trend analysis. You understand ratings from major different institutions worldwide. You use Excel in a professional manner to analyse data and make conclusions based on statistical analysis. You apply the knowledge to a case company. You will be able to discuss the results and improve your analytical skills.
    Starting level and linkage with other courses
    ACC3LF101 or equivalent introductory course to accounting.
    Contents
    formulas for the ratios: profitability, liquidity cycle and solvency
    interpreting key ratios by comparison in words
    key ratio indicators by business field using a median indicator and combination ratios
    descriptive statistics, correlation, regression and trend analysis
    cross tabulations and graphical presentation
    statistical inference
    Assessment criteria
    Assessment criteria - grade 1
    - Knowledge: You know the key concepts within the course’s scope, but are yet to develop the general view and the big picture of the subject matter.
    - Skills: - You can complete given tasks and assignments with assistance. You need to develop how to apply knowledge.
    - Competence: You demonstrate some ability to perform skills and have basic knowledge, but you have difficulty to manage without assistance
    Assessment criteria - grade 3
    - Knowledge: You know the key concepts well and can explain how the theories and models function and the tools are used. You have a general view of the subject matter.
    - Skills: You complete given tasks and assignments independently. You apply knowledge in hands-on business related situations. You can critique your own practice and identify ways to improve.
    - Competence: You demonstrate sufficient ability to perform skills and have basic to good knowledge. You can perform independently, but you have some challenges in passing on your skills and knowledge to others. You have an interest in professional development.
    Assessment criteria - grade 5
    - Knowledge: You have a strong command of the key and related concepts. You can critically evaluate theories, models and tools. You can demonstrate explicit knowledge of the subject matter, and how it relates to other disciplines.
    - Skills: You apply knowledge in demanding business related situations. You can prioritize and critically select tools and methods for solving complex problems in the subject matter.
    - Competence: You execute skills with natural proficiency and you have detailed and explicit knowledge. You can perform independently and you are also able and actively willing to help others develop and pass on your skills. You have an attitude of continuous professional development.
    Teaching methods and instruction

    -contact and distant sessions -case studies -individual and team assignments

    Learning material and recommended literature

    Material available in Moodle Chapters related Financials Statement Analysis in the following course books: Financial Accounting, International Financial Reporting Standards (Harrison, Horngren, Thomas, Suwardy), Pearson Financial Accounting, Financial Statement Analysis (Kemp, Waybright), corresponding chapters for Financial Statement Analysis

    Mode of delivery

    Contact teaching

    Working life connections

    -Examples and exercises are business related -Company guest speakers -During the course students will analyze companies of their interest and build understanding of companies' financial health

    Campus

    Pasila Campus

    Exam dates and re-exam possibilities

    No exam in this implementation

    Teaching language

    English

    Internationality

    - Assignments relate to international companies analysis - Companies under analysis are operating under internaltional financial records and standards (IFRS) - Project work relates to international companies ratings - Multicultural companies involved and multicultural teams

    Timing

    19.08.2019 - 13.12.2019

    Learning assignments

    Learning assignment 1: Financial statement perspectives. Learning assignment 2: Financial ratios. Learning assignment 3: Regression, correlation, stat.inference, etc. Learning assignment 4: Concluding project.  

    Enrollment

    17.06.2019 - 23.08.2019

    Content scheduling

    Course starts on 24th August 2018 Period 1:Pasila 4004 (VDI-class) at 10.00-13.45 Period 2: Pasila 3006 (BYOD) at 10.00-13.45

    Groups
    • LF4PACC
    • EXCH
    Teachers

    Jutta Heikkilä, Mika Mustikainen

    Seats

    15 - 40

    Further information

    Learning assignment 1: Financial statement perspectives. Pair work, 20 %
    Learning assignment 2: Financial ratios. Pair work, 20 %
    Learning assignment 3: Regression, correlation, stat.inference, etc.
    Pair work, 20%
    Learning assignment 4: Concluding project. Teamwork (4 persons/team), 40 %
     

    Degree Programmes

    GLOBBA Degree Programme in International Business

    Evaluation scale

    H-5

    Assessment criteria - grade 1

    1-2 You know the key concepts within the course’s scope, but are yet to develop the general view and the big picture of the subject matter. You can complete given tasks and assignments with assistance. You need to develop how to apply knowledge. You demonstrate some ability to perform skills and have basic knowledge, but you have difficulty to manage without assistance.

    Assessment criteria - grade 3

    3-4 You know the key concepts well and can explain how the theories and models function and the tools are used. You have a general view of the subject matter. You complete given tasks and assignments independently. You apply knowledge in hands - on business related situations. You can critique your own practice and identify ways to improve. You demonstrate sufficient ability to perform skills and have basic to good knowledge. You can perform independently, but you have some challenges in passing on your skills and knowledge to others. You have an interest in professional development.

    Assessment criteria - grade 5

    5 You have a strong command of the key and related concepts. You can critically evaluate theories, models and tools. You can demonstrate explicit knowledge of the subject matter, and how it relates to other disciplines. You apply knowledge in demanding business related situations. You can prioritize and critically select tools and methods for solving complex problems in the subject matter. You execute skills with natural proficiency and you have detailed and explicit knowledge. You can perform independently and you are also able and actively willing to help others develop and pass on your skills. You have an attitude of continuous professional development.