Seminar Financial Analysis

Course Code :2107TEWACC
Study domain:Accountancy & Audit
Academic year:2019-2020
Semester:1st semester
Contact hours:45
Credits:4
Study load (hours):112
Contract restrictions: Exam contract not possible
Language of instruction:English
Exam period:continuous assessment
Lecturer(s)Ann Jorissen

3. Course contents *

Companies communicate information on their performance and financial position through the publication of the financial statements, which are included in the annual report of the company. Besides financial statements companies use also other means of financial communication like financial analyst' presentations, interim reporting and press releases. Through real life examples and case studies students will become familiar with the different techniques of financial analysis (trend analysis, common size analysis, ratio analysis, industry analysis, cash flow analysis, segmental analysis and bankruptcy analysis) and they will learn how to combine this information with the other financial and non-financial information released by a company in order to evaluate the past performance of the company, judge the current financial situation of the company and make projections with respect to the future revenue generating power of the company. Attention will be paid to the differences in information needs of the different stakeholders involved in the evaluation of the firm: investors, creditors, competitors, government and the workforce. Specific topics that will be covered are:

  • Financial reporting and analysis from a broader economic and social perspective
  • Strategic analysis and accounting analysis
  • Financial analysis
  • Prospective analysis: forecasting
  • Prospective analysis: valuation
  • Credit analysis and distress prediction
  • Mergers and acquisitions
  • Communication and governance
  • Integrated business reporting