Financial Statement Analysis
The course demonstrates how financial information can be used to evaluate a company's past performance and present circumstances as well as what might transpire in the future (forecasts).
Financial statement analysis has proven to be useful in a wide range of business decisions. Equity analysts use it as a foundation for their projections of the earnings potential of a company. Credit analysts use it as a tool to determine whether loans should be granted or extended.
The corporate annual report is the primary document in financial statement analysis. We will examine where to find relevant information and what it indicates about the "health of the company".
This course is part of the Master in accounting and auditing.
- The Financial Statement Analysis Process
- The Corporate Annual Report
- The Financial Statement Analysis Report
- Some Important Financial Statement Analysis Issues
- Understanding the Income Statement, the Balance Sheet and the Cash Flow Statement
- Financial Reporting Quality Analysis
- Adjusting and Reorganizing Financial Statements
- Financial Statement Analysis of Past Performance
- Simple Forecasting
Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class that is not included on itslearning or text book.
All parts of the assessment must be passed in order to get a grade in the course.
Most lectures are planned to be filmed.
Group mid-term assignment over two weeks, usually in September, and 3-hour written exam under supervision, usually in late November. Retake exam (written exam only) in June.
This course is taught in Norwegian and English.
A syllabus is available in the student portal for applicants who have been admitted to the programme. Username and password for the student portal will be sent to you before the start date.
The tuition fee is normally charged after the start of the semester. You will find the invoice under My invoice in the student portal.
Financing: The enrolment contract is made with you and not your employer, even if the employer pays for your studies.