Financial Statement Analysis - Study guide

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.

ACC3LF101 or equivalent introductory course to accounting.

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

- 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

- 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.

- 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.

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

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

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

Pasila Campus

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.

English

- 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

22.08.2022 - 16.12.2022

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!

13.06.2022 - 19.08.2022

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.)

CONTACT
LF4PACC
EXCH

Mika Mustikainen

15 - 40

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!

GLOBBA Degree Programme in International Business

0.00 cr

H-5