Financial Statement Analysis and Valuation

Introduction

Please note that this is a preliminary course description. The final version will be published in June 2026.

In the realm of finance and auditing, an advanced understanding of financial statement analysis and valuation is imperative. This course delves deeply into these disciplines, equipping students with the critical skills needed to succeed in complex organizational environments.

Course content

• Examination of strategic financial and non-financial objectives across organizational types.
• In-depth accounting quality analysis and related adjustments.
• Comprehensive financial statement analysis.
• Advanced reformulation of financial statements with FCFF and FCFE calculations.
• Exploration of cost of capital, return on operating assets, and effects from capital structure and payout policies.
• Strategic analysis and development of pro forma statements.
• Comparative study of valuation methods and their application in real-world contexts.