|Module / ECTS / Path / Specialisation||Module :Principles of International Management : 18 ECTS.|
|Discipline||Accounting and Internal Controls|
|Open for visitors||yes (3 ECTS)|
|Working language :||English|
|Volume of contact hours :||20 h|
|Workload to be expected by the student :||60 h|
Track : Autonomous
|LEARNING GOAL 1 : Students will master state-of-the-art knowledge and tools in management fields in general, as well as in areas specific to the specialized field of management.|
|Students will identify a business organization’s operational and managerial challenges in a complex and evolving environment.|
|Students will understand state-of-the-art management concepts and tools and use them appropriately.|
|Students will implement appropriate methodologies to develop appropriate solutions for business issues.|
|LEARNING GOAL 4: Students will study and work effectively in a multicultural and international environment.|
|Students will analyze business organizations and problems in a multicultural and international environment|
The purpose of this course is to clarify what IFRS are, where they apply. The contents of the statements used in IFRS will be described as well as the main recognition and measurement rules for assets & liabilities. After attending this course the students will understand how to read the financial statements. They will also follow the main steps of a basic financial analysis, compute and interpret key financial indicators to assess the financial situation of the business.
- Indicate the main assumptions of IFRS accounts (accrual accounting & going concern
- Describe the contents of financial documents (income statement, balance sheet and cash flow statement), their underlying principles and their interdependencies.
- Indicate the main steps to conduct a financial analysis (profitability, efficiency value creation and risk analysis)
- Differentiate between the different key performance indicators to highlight strengths and weaknesses of a firm's financial situation
I General introduction
II Financial statements
1. Profit and loss statement
2. Balance sheet
3. Cash flow statement
4. Relationships between financial statements
III Financial analysis
1. The need for financial analysis
2. Profitability analysis
3. Efficiency analysis
4. Performance analysis
5. Risk analysis
6. Conclusion: How to conduct a financial analysis?
basic knowledge of accounting
basic knowledge of accounting and corporate finance
Wiley IFRS: Practical Implementation Guide and Workbook (Wiley Regulatory Reporting) [Paperback]
Abbas A. Mirza (Author), Graham Holt (Author), Liesel Knorr (Author) 3rd Edition edition (15 April 2011)
CROSSKNOWLEDGE PLATFORM EM-Essential concepts in finance : the financial statements
CROSSKNOWLEDGE PLATFORM EM-Essential concepts in finance : FINANCIAL ANALYSIS
Such behaviors as...
... may lead to expulsion from classes.