Fin­an­cial State­ment Ana­lys­is & Valu­ation

Course content

Aim of the Course:

The purpose of 'Financial Statement Analysis and Valuation' is to provide the students with rigorous tools that are needed to carry out a
financial statement analysis in relation to at valuation.

Contents:
Accounting information is used by business analyst as input into the valuation process. The required accounting information depends on
the valuation model applied (e.g. the discounted cash flow model). For instance analyst within corporate finance use financial statement analysis
to determine the historical level of profitability in order to forecast future earnings.

The course contains the following core elements:
Introduction to the elements of the annual report.
Method for measuring profitability and growth.
Assessment of accounting quality (earnings quality).
Forecasting
Firm valution

Learning process
Research and theory based lectures are mixed with exercises and cases. Lectures provide the students with the necessary tools to make financial analyses and valuation.
Through cases the students learn how to apply theory and use a variety of valution models in practice.