International Business Studies FT
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Analysis of Financial Statements

level of course unit

Introductory

Learning outcomes of course unit

Students will be able to comprehensively understand annual financial statements and interpret them in great detail.

prerequisites and co-requisites

not specified

course contents

Students will be able to extract the most important information from an annual financial statement in terms of the assets, revenue and income structure. In connection with the discussion of the so-called share holder value in privately owned companies, students will be able to calculate the most important profitability figures from an annual financial report. Great emphasis will be placed on the recognition and correct allocation of each of the internationally accepted financial reporting standards. The content of the course is: target groups and evaluation options; asset and capital structure; cash flow and liquidity; profitability figures: return on equity and return on investment, leverage effect, value-oriented concepts, such as shareholder value and economic value added; indicator systems and insolvency prognoses; the impact of the international financial reporting standards on individual and group accounts, on balance sheet policy and on balance sheet analysis.

recommended or required reading

Fridson/Alvarez (2011). Financial Statement Analysis: A Practitioner's Guide. Wiley Finance.
Penman (2012). Financial Statement Analysis and Security Valuation. McGraw-Hill.
Wilson/Carpenter (2011). Analysis of Financial Statements. Nabu Press.
Graham/Meredith (1998). The Interpretation of Financial Statements: The Classic 1937 Edition. HarperBusiness.

assessment methods and criteria

Written exam and/or scientific paper and/or presentation

language of instruction

English

number of ECTS credits allocated

3

planned learning activities and teaching methods

Lecture, group work, presentation and task discussion

semester/trimester when the course unit is delivered

1

name of lecturer(s)

Prof. (FH) Dr. Plötz Georg

year of study

1st year

recommended optional program components

not specified

course unit code

V.FI1.2

type of course unit

compulsory

mode of delivery

In-class course

work placement(s)

not applicable