Financial Statement Analysis and Business Valuation
A.Y. 2023/2024
Learning objectives
The course deals with the theme of balance sheet analysis and company valuations both from a theoretical and an applicative point of view, with reference to the main categories of companies (non-financial and banking).
The application part involves the development of the utilization capabilities of the main economic-financial databases such as AIDA and Orbis of Bureau Van Dijk and Thomson Reuter Eikon.
The application part involves the development of the utilization capabilities of the main economic-financial databases such as AIDA and Orbis of Bureau Van Dijk and Thomson Reuter Eikon.
Expected learning outcomes
Knowledge of the purposes of financial statements, valuation criteria and financial statements. Learning methodologies for evaluating economic and financial performance. Approach to problem solving. Ability to analyze different types of companies and use economic-financial databases
Lesson period: First semester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course can be attended as a single course.
Course syllabus and organization
Single session
Responsible
Lesson period
First semester
Course syllabus
- An introduction to business administration and how we will work
- How to analyse firms' management though financial statement analysis
- Balance sheet reclassification
- Profit and loss account reclassification
- Profitability of operational activity
- Equity profitability
- Company valuation
- Synthetic valuation methods
- How to analyse firms' management though financial statement analysis
- Balance sheet reclassification
- Profit and loss account reclassification
- Profitability of operational activity
- Equity profitability
- Company valuation
- Synthetic valuation methods
Prerequisites for admission
None
Teaching methods
Frontal lessons.
Interactive teaching.
Discussion of cases and exercises.
Interactive teaching.
Discussion of cases and exercises.
Teaching Resources
Ghiringhelli P. (a cura di), Analisi di bilancio e driver di valore, seconda edizione, Egea, 2019.
Chapters: 1-2-3-4-9-11-15-18.
Documents and exercises on Ariel
Chapters: 1-2-3-4-9-11-15-18.
Documents and exercises on Ariel
Assessment methods and Criteria
Interactive teaching.
Intermediate self-assessment tests.
Final examinations in written form with open questions theoretical and cases and application exercises on Excel.
Intermediate self-assessment tests.
Final examinations in written form with open questions theoretical and cases and application exercises on Excel.
Educational website(s)
Professor(s)
Reception:
on demand via mail
Department Scienze Giuridiche "Cesare Beccaria" - Section Economics and Fiscal Law