•   Financial Statement Analysis ACC3LF103-3014 22.08.2022-16.12.2022  5   (CONTACT, ...) +-
    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

    - this is a fully virtual implementation, where capabilities of self-studies and self management is needed.

    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

    Working life connections

    -Examples and exercises are business related -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. Please make sure you good work with the assignments as course grade is an average of them. Once you have completed 3/5 assignments and got a grade from them, you have passed the course. If you target for better grade, please do all assignments.

    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

    22.08.2022 - 16.12.2022

    Learning assignments

    Learning assignment 1: Financial statement perspectives 20 % Learning assignment 2: Financial ratios 20 % Learning assignment 3: Data classification and analysis 20% Learning assignment 4: Market based ratios and cash flow statement 20% Learning assignment 5: Statistical analysis 20% Once you have submitted tree assignments and got a passing grade, you will get a grade for this course and it will not be removed. If you want better grade, then do all of the assignments!

    Enrollment

    13.06.2022 - 19.08.2022

    Content scheduling

    Course is virtual so no contact sessions.

    Schedule:
    Cal. week Topic Teacher, assignment deadline
    34, 23.-29.8. Introduction to financial analysis, analysing and adjusting financial statements. Review of topic related thesis in finance and accounting. Heli
    35, 30.8.-5.9. Creating an index series, inflated series. Descriptive statistics. Moving average. Heli
    36, 6.-12.9. Independent work on assignment 1 DL 12.9.
    37, 13.-19.9. Assignment 1 feedback, Ratio analysis Profitability, liquidity and solvency Heli
    38, 20.-26.9. Independent work on assignment 2 DL 3.10.
    39, 27.9.-3.10. Assignment 2 feedback, Data classification and analysis Heli
    40, 4.-10.10. Independent work on assignment 3 Heli
    41, 11.-17.10. Assignment 3 feedback, Market based ratios DL 17.10.
    42, 18.-24.10 Intensive week – no class Mika
    43, 25.-31.10 Cash flow statement Mika
    44, 1.-7.11. Independent work on assignment 4 DL 7.11.
    45, 8.-14.11. Assignment 4 feedback, Correlation and regression analysis. Mika
    46, 15.-21.11. Probabilities. Normal distribution. Statistical inference. Hypothesis testing. Mika
    47, 22.-28.11. Independent work on assignment 5 DL 28.11.
    48, 29.11.-5.12. Assignment 5 feedback. Course feedback and ending session. Mika
    (in this course it is not possible to get extensions for the deadlines.)

    Groups
    • CONTACT
    • LF4PACC
    • EXCH
    Teachers

    Mika Mustikainen

    Seats

    15 - 40

    Further information

    Learning assignment 1: Financial statement perspectives 20 %
    Learning assignment 2: Financial ratios 20 %
    Learning assignment 3: Data classification and analysis 20%
    Learning assignment 4: Market based ratios and cash flow statement 20%
    Learning assignment 5: Statistical analysis 20%
    Once you have submitted tree assignments and got a passing grade, you will get a grade for this course and it will not be removed. If you want better grade, then do all of the assignments!

    Degree Programme

    GLOBBA Degree Programme in International Business

    Evaluation scale

    H-5