Academic year
2016-17
Is found in:
- International Curriculum, programme stage 2
This is a single course unit.
Study load:
4 credits
Weight:
4,00
Total study time: 100,00 hours
Possible deadlines for learning account: 01.12.2016 () or 15.03.2017 ()
Organisation of education
This course unit is marked out of 20 (rounded to an integer).
Re-sit exam: is possible.
It is not possible to enrol in this course unit under
- exam contract (to obtain a credit).
- exam contract (to obtain a degree).
Special admission is required to enrol in this course unit under credit contract.
Co-ordinator: De Wilde Jacob
Language course: No
Languages: English
Scheduled for: Semester 1 or Semester 2
Objectives
Giving advice and decision-making are an essential part of the duties of an Accountancy and taxation graduate. In order to do this, he has to be able to interpret the figures from the Financial statements, to do a complete financial analysis and draw conclusions on how the company is being run.
An accurate interpretation of the many figures from the Financial statements is not easy for most students. Figures only have a meaning when placed in the right context and correlations are being made. In this course the emphasis lies is on how an external user of a company’s financial information can draw conclusions on that company’s financial health.
To be able to draw up alternative scenarios you have to be prepared to investigate a problem and in order to be able to give advice you need to be scrupulous and able to assess.
In the Interdisciplinary Accountancy Cases you will have to put your knowledge and skills from this course into practice, so that you are able to do a complete Financial statements analysis on your own.
Contents
- Study of Financial statements and rules of appreciation
- Balance sheet and profit and loss account
- Financial balance
- Horizontal and vertical analysis
- Cash flow analysis
- Interpretation of financial statements based upon ratios
- Comparing companies
- Social annual report
Order of enrolment
There are no prerequisites for this course.
Prerequisites
Management or General and corporate accounting.
Final objectives
1. Assessing the financial situation of a company correctly.
Indicators:
- Knowing and understanding the contents of the entries of the Financial statements.
- Interpreting, reworking and analysing the financial statements.
- Calculating and interpreting financial ratios.
- Assessing a company’s financial situation in a critical way.
- Having an understanding of the criteria a good social annual report has to comply with.
2. Gathering relevant financial information efficiently and applying methods and aids in order to take decisions and give advice.
Indicators:
- Gathering relevant information in order to get insight in a company’s .financial situation.
- Assessing and assimilating the given information.
- Linking the obtained results.
3. Dealing with duties in a professional way.
Indicators:
- Performing duties accurately, with an eye for detail without losing the overview.
- Planning, organizing and structuring duties within a given deadline.
- Indicating the causes of a problem and suggesting improvements.
Organisation of education
Lectures supplemented by examples and exercises.
Study guidance
Students can use the learning paths in Chamilo as well as the forum to ask questions.
Evaluation
- First exam oppertunity:
- non-period bound evaluation: 20% continuous assessment
- period bound evaluation: 80% written exam
- Second exam oppertunity:
Study costs
- Copies at unit price determined under Hogeschool rules.
- Costs linked to the assignments.
- Costs textbook (market price).
Key words
Financial analysis, s190, s192.