Análisis de Estados Financieros

General information

Type:	OB	Curs:	3	Period:	S semester
ECTS Credits:	5 ECTS

Teaching Staff:

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

Group	Teacher	Department	Language
Sec: B	María Dolores Fernández Crespo	Economía, Finanzas y Contabilidad	ENG

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

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. Bachelor in Law and Bachelor in Global Governance graduates not only need a solid legal background; they also need to be familiar with corporate accounting tools and be able to analyse them. Their clients are not going to be limited to physical persons. 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? How will they know if a company is solvent?

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.
- Defining the ideal financial strategy for a company.

1. Knowledge acquisition, comprehension and structuring

	1
Analysis of case studies
Final exam

CONTENT

1. Wealth and assets analysis (five sessions - Balance sheet structure. Principles. Profit allocation. Accumulated amortisation - Business solvency analysis: Balance of total assets and debt ratio. Debt quality - Change in capital: Source and use of funds - Solvency analysis: Solvency as a guarantee. Operating fund. Solvency ratios and their variants - Solvency as financial punctuality: Cash flow and working capital turnover (stock, clients and suppliers)
2. Economic analysis (three sessions) - Profit and loss account structure - Variable and fixed costs. - Earnings before interest and taxes (EBIT) - Contribution margin. - Return on assets. Own fund profitability. Leverage - Application of this knowledge to analyse a real company
3. Financial planning and strategy (four sessions) - Economic-financial planning - Objectives and means for the future - Foreseen profit and loss account - Cash flow tables - Ready cash budget and interim balance sheet - Finance strategy - Financial needs analysis - Completion of finance strategy case studies analysed during the course in the practical sessions

1. Wealth and assets analysis (five sessions

- Balance sheet structure. Principles. Profit allocation. Accumulated amortisation
- Business solvency analysis: Balance of total assets and debt ratio. Debt quality
- Change in capital: Source and use of funds
- Solvency analysis: Solvency as a guarantee. Operating fund. Solvency ratios and their variants
- Solvency as financial punctuality: Cash flow and working capital turnover (stock, clients and suppliers)

2. Economic analysis (three sessions)

- Profit and loss account structure
- Variable and fixed costs.
- Earnings before interest and taxes (EBIT)
- Contribution margin.
- Return on assets. Own fund profitability. Leverage
- Application of this knowledge to analyse a real company

3. Financial planning and strategy (four sessions)

- Economic-financial planning
- Objectives and means for the future
- Foreseen profit and loss account
- Cash flow tables
- Ready cash budget and interim balance sheet
- Finance strategy
- Financial needs analysis
- Completion of finance strategy case studies analysed during the course in the practical sessions

Relation between Activities and Contents

	1	2	3
Analysis of case studies
Final exam

Methodology

The teaching methodology applied during the in-class sessions will consist, firstly, of a lecture to present and explain theoretical concepts. There will then be a practical session, 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 in the session after completing the relevant topic. Students have to duly justify any missed test. Contrarily, their marks on said missed tests will be a 0 and will be computed as such to calculate the mean mark for this component.

Students must take these tests.

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. Any tests students miss without due justification will be marked as a 0 and will be computed with the other tests. 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.

Timetable and sections

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

Timetable Sec: A

From 2019/2/8 to 2019/5/3:
Each Friday from 11:00 to 12:30. (Except: 2019/4/19)
Each Friday from 9:15 to 10:45. (Except: 2019/4/19)

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

Timetable Sec: B

From 2019/2/4 to 2019/4/8:
Each Monday from 14:30 to 16:00.
Each Monday from 16:15 to 17:45.

Monday2019/4/29:
From 14:30 to 16:00.
From 16:15 to 17:45.

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

Timetable Sec: C

From 2019/2/6 to 2019/4/24:
Each Wednesday from 18:00 to 19:30. (Except: 2019/4/17)
Each Wednesday from 16:15 to 17:45. (Except: 2019/4/17)

Análisis de Estados Financieros (GED30065)

General information

Type:

Curs:

Period:

ECTS Credits: