This class exists in these courses :
• IÉSEG > MSc in Accounting, Audit & Control > Semester 1 > 3,00 ECTS
• IÉSEG > MSc in Business Analysis & Consulting > Semester 1 > 3,00 ECTS
• IÉSEG > MSc in Finance > Semester 1 > 3,00 ECTS

Prerequisites

Prior financial accouting knowledge would be helpful. It is thus important to remind yourself of at least the basic concepts, esp. how various financial statements look like and what do the different items contained in them mean.

Learning outcomes

1) acquire an advanced knowledge of how to interpret and analyze financial statement information (AACSB AoL 5.B).
2) demonstrate an expertise on key concepts, techniques and trends in their professional field (AACSB AoL 7.D)
3) understand the application of this expertise for making effectual decisions as accountants, equity analysts, lenders, investment bankers, boards of directors, or external consultants charged with monitoring or advising on corporate performance and the behavior of management (AACSB AoL 5.D).
4) deliver an effective oral presentation of important course concepts applied to a real life company (AACSB AoL4.C).
5) succesfully collaborate within an intercultural team on any professional project involving technical skills acquired during the course (AACSB AoL 1.B).
6) communicate effectively in English any aspect of the expertise thus acquired (AACSB AoL 1.C).

Course description

This is not a course about the details of IFRS or GAAP, or the myriad of accounting rules and procedures that comprise them.This course is designed to prepare you to interpret and analyze the key financial statements effectively, and introduce and examine additional topics not covered in the core course on Financial Accounting. Specifically, the course deals with the following concepts:
Strategy analysis and Accounting analysis;
Balance sheet analysis, including working capital analysis;
Income statement analysis, including the key intermediate balances;
Ratio analysis (covering ratios for evaluating a firm's operating, investment, and financial management);
Cash flow statement analysis.

Class type

Class structure

Teaching methods

• Case study
• Coaching
• Interactive class
• Presentation
• Project work

Assessment

Final exam (non-MCQ): 40%
Group project (presentation before professional guest/expert): 30%
Continuous assessment (short-answer-type in-class quizzes): 20%
Participation (beyond attendance & punctuality): 10%

Recommended reading

• FINANCIAL ANALYSIS – CUSTOM EDITION -

Internet resources

• IESEG online course site