FINANCIAL STATEMENT ANALYSIS AND EVALUATION

This course is designed to provide students with the theoretical foundations and practical tools required to analyze and evaluate financial statements. The aim is to prepare future managers and leaders to assess the value and performance of businesses in both quantitative and qualitative terms. Through a structured framework, the course equips participants to understand the complexities of financial decision-making in today's dynamic business environment, emphasizing the importance of going beyond mere numbers and models to understand the broader implications of financial data. By addressing these questions, students will develop the necessary skills to make informed decisions that align with sustainable and responsible management practices.

1. KNOWLEDGE AND UNDERSTANDING
Identify and understand the main financial statements (balance sheet, income statement, cash flow statement) and their components.
Evaluate corporate performance using both qualitative and quantitative approaches.
Identify and analyze different components of financial statements, including balance sheets, income statements, cash flow statements, and notes to the accounts.
2. APPLYING KNOWLEDGE AND UNDERSTANDING
Apply financial ratios, trend analysis, and benchmarking techniques to assess profitability, liquidity, solvency, and efficiency.
Apply financial analysis tools, including the use of Excel for data analysis and model creation.
3. MAKING JUDGEMENTS
Use financial statements to evaluate company performance, detect financial risks, and support decision-making.

Successful completion of the ET4004 Accounting and Business Administration exam is a prerequisite for enrolling in this course.

It is recommended to download Excel (all students can download Microsoft Office 365 for free in partnership with Ca' Foscari).

The course program is structured as follows:
- Introduction to financial statement analysis
- Financial reporting analysis: vertical analysis and horizontal analysis
- Cash flow analysis
- Profitability analysis
- Prospective analysis
- Credit analysis

Subramanyam K.R. (2014), Financial statement analysis, 11/e, McGrawHill (Chapters 1; 2; 7; 8; 9; 10)

Compulsory written exam. The exam consists in one open question and three exercises. Time: 90 minutes.

written

As regards the gradation of the grade (how the grades will be assigned), regardless of the attending or non-attending mode:
A. scores in the 18-22 range will be awarded in the presence of:
- sufficient knowledge and ability to understand applied in relation to the programme;
- sufficient ability to apply knowledge and understanding and judgment;
- sufficient communication skills, especially in relation to the use of specific language relating to the subject;
B. scores in the 23-26 range will be awarded in the presence of:
- good knowledge and ability to understand applied in relation to the programme;
- good ability to apply knowledge and understanding and judgement;
- good communication skills, especially in relation to the use of specific language relating to the subject;
C. scores in the 27-30 range will be awarded in the presence of:
- excellent knowledge and ability to understand applied in relation to the programme;
- excellent ability to apply knowledge and understanding and judgment;
- excellent communication skills, especially in relation to the use of specific language relating to the subject.

• Interactive lectures.
• Case study discussions.

EXAM ENROLMENT PROBLEMS. If students experience problems when enrolling online to the exam, they have to send an email to the Economics Campus before the closing date of exam enrolment. Students are not admitted to the exam if they are not enrolled online to the exam. Students are not admitted to the exam after the closing date of exam enrolment online.
ACCESSIBILITY, DISABILITY, AND INCLUSION. ACCOMMODATION AND SUPPORT SERVICES FOR STUDENTS WITH DISABILITIES AND STUDENTS WITH SPECIFIC LEARNING IMPAIRMENTS. Ca’ Foscari abides by Italian Law (Law 17/1999; Law 170/2010) regarding support services and accommodation available to students with disabilities. This includes students with mobility, visual, hearing, and other disabilities (Law 17/1999), and specific learning impairments (Law 170/2010). If you have a disability or impairment that requires accommodations (i.e., alternate testing, readers, note takers or interpreters), please contact the Disability and Accessibility Offices in Student Services at the e-mail address disabilita@unive.it