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Análisis de Estados Financieros (GED30065)

General information

Type:

 OB

Curs:

 3

Period:

 S semester

ECTS Credits:

 5 ECTS

Teaching Staff:

Group Teacher Department Language
María Dolores Fernández Crespo Economía, Finanzas y Contabilidad ESP

Workload distribution

Workload distribution:

In-class activities: 33%
Lectures: 25 hours
Participatory sessions: 24 hours

Guided activities: 34%
Preparation of practical case studies: 51 hours

Independent study: 33%
Study time: 50 hours

COURSE CONTRIBUTION TO PROGRAM

This Financial Statement Analysis course stopped being merely a complement for lawyers a long time ago. Today, having a background in Accounting and Finance is essential for lawyers. Law School graduates not only need a solid legal background; they also need to be familiar with corporate accounting tools and be able to analyse them because they need this information. Their clients are no longer just legal entities. Otherwise, how will they defend their client firms? How will they advise them in terms of mergers and acquisitions? How will they appraise companies and distinguish between good and bad firms? How will they detect possible non-payment?

Course Learning Objectives

Upon sucessfully completing this course students should be capable of:
- Classifying, reading and interpreting both balance sheets and profit and loss accounts.
- Analysing a company's assets and wealth.
- Analysing a company economically and financially.
- Understanding and being able to interpret the documents a company's future is based on.
- Analysing the origin of forecasted financial needs.
- Defining the ideal financial strategy for a company.

Competences

1. Knowledge acquisition, comprehension and structuring

Relation between Activities and Competences

1
Analysis of case studies  
Final exam  

CONTENT

1. Wealth and assets analysis

- Balance sheet structure
- Business solvency analysis: Balance of total assets and debt ratio
- Change in capital: Source and use of funds
- Cash flow analysis I: Solvency as a guarantee. Solvency ratios and their variants. Acid-test ratios and their variants
- Cash flow analysis II: Solvency as financial punctuality: Cash flow and working capital turnover

2. Economic analysis

- Profit and loss account structure
- Return on assets. Own fund profitability. Leverage
- Resolving a case study. Application of knowledge to a real company

3. Financial planning and strategy

- Economic-financial planning. Objectives and means for the future
- Ready cash budget and interim balance sheet
- Financial need analysis
- Finance strategy
- Completion of finance strategy case studies analysed during the course in the practical sessions.
- Completion of finance strategy case study analysed by the students for ongoing assessment
- Practical case studies

Relation between Activities and Contents

1 2 3
Analysis of case studies      
Final exam      

Methodology

The teaching modes used will be theoretical and practical classes.

The teaching methodology-learning process applied during the classes will consist, firstly, of a lecture to present and explain theoretical concepts. There will then be a practical class, in which the theory presented will be applied through the analysis of cases studies and the completion of exercises.

During the course students will prepare a weekly practical case study on their own. This case study will be taken into consideration for the ongoing assessment mark. The latter also includes tests taken individually on the subject prepared. Students may opt to not take one such test without any justification required.

Two of these tests will also be devoted to assess the applicable competence. Students must take these tests.

ASSESSMENT

ASSESSMENT BREAKDOWN

Description %
Analysis of case studies 35
Final exam 65

Assessment criteria

Marks on the weekly tests will be averaged after eliminating the worst mark so long as students have taken all said tests. Contrarily, the average will be taken from those tests taken. This mark represents 35% of the overall mark for the course. The remaining 65% of the overall mark for the course corresponds to the mark on the final exam.

Class participation will be assessed.

In the event of not passing the course following the first sitting of the final exam, students can re-sit the final to which the same aforementioned criteria will be applied. Therefore, the mark obtained in the ongoing assessment component will still be applied.

Students who do not complete the ongoing assessment activities and do not pass the final exam shall fail this course.

Students who do not:
1. Pass this course in the FIRST-SITTING due to not attending class, not completing the assignments specified or copying these will not be able to RE-SIT THE FINAL and will thus have to re-take the course, duly completing the activities specified by faculty.
2. Have the level of required competencies may move on to the next year so long as they pass this course but they will not be able to complete the final degree project until they achieve the level of competencies required for the programme.

Bibliography

·Finanzas empresariales para profesionales del ámbito jurídico. Author: JoanMassons. Publisher: Deusto.
·Finanzas para profesionales de Marketing y Ventas. Author: Joan Massons. Publisher: Deusto.
·Análisis económico-financiero. Author: Oriol Amat. Publisher: Gestión 2000.

Timetable and sections

Group Teacher Department
María Dolores Fernández Crespo Economía, Finanzas y Contabilidad

Horari

From 2015/9/18 to 2015/12/18:
Each Friday from 12:15 to 14:30.
Each Friday from 10:30 to 14:30.

Friday 2015/12/11 from 15:30 to 19:30.

Monday 2016/1/11 from 10:00 to 13:00.

Wednesday 2016/7/6 from 10:00 to 13:00.