Financial Statement Analysis
This course delves into the art of analyzing financial statements. Students explore the challenges in interpreting balance sheets, addressing concerns around valuation, comparability, and the treatment of goodwill, while also appreciating the underlying reporting standards such as GAAP and IFRS.
Moving to the income statement, the course sheds light on the authenticity of reported figures, underscores the role of cash flow analysis in understanding a company's financial health.
The course takes a critical view of profit calculation, distinguishing genuine profits from accounting anomalies. It also dissects various revenue and expense recognition practices and scrutinizes the application and limitations of metrics like EBITDA in financial statement analysis.
The latter part of the course is dedicated to forecasting and security analysis. Students will engage in practical exercises involving the projection of financial statements and delve into equity analysis, familiarizing themselves with relevant ratios and valuation techniques. Special attention is given to horizontal and vertical analysis methods, enriching the students' toolkit for comprehensive financial analysis.
This course offers an insightful understanding of financial statement analysis, proving to be an invaluable asset for both educators and learners.
- Theory, questions, and solutions in a module
- Developed by industry professionals, ensuring relevance and practical application
- Case based learning preparing students for exams and/or professional assignments
- Adaptive question module, offering instant feedback on thousands of questions to accelerate the learning experience
- Customized learning journey aligned to your course's learning objectives