Improving skills, confidence, knowledge and analyse rigorous financial techniques with practical relevance. Making students expert users of financial statements. Put what you learn into practice looking at real and up-to-date company data and case studies. Explore the current business landscape and gain an in-depth understanding of accounting tools and advanced-level economic analysis. Understand variations in accounting practice, and learn to control for this when comparing firms and examine major governance and regulatory issues.
OBJECTIVES AND EXPECTED LEARNING OUTCOMES
Provide the students with technical and relational skills in terms of: - Overall management (taking into account the context in which the company moves); - Specific management, in terms of its economic and financial framework; - Interpretation and analysis of financial statements.
SKILLS TO BE DEVELOPED
It is intended that students at the end of the semester are presented skilled in the use of Economic and Financial Analysis Tools and Business Diagnosis, particularly in: - Analysis of the companies in order to develop their economic and financial diagnosis; - Development of global action plans; - Development of a management policy of operating, financing and investment cycles
Programme
1. Financial Analysis 1.2. Function, analysis and Financial Management 1.3. Tasks of the financial manager
2. Financial Analysis Instruments 2.1. Balance 2.2. Income Statement 2.3. Accounting Statement of Cash Flows
3. Methods of financial analysis 3.1. Traditional and Advanced Approach 3.2. Financial Statement Analysis 3.3. Ratios and benchmarking 3.4. Reference ratios
4. Financial Equilibrium 4.1. Financial Statement Analysis 4.2. Traditional Analysis - Working Capital 4.3. Functional Analysis 4.4. Analysis "refined"
5. Ratios of Economic and Financial Analysis 5.1. Definition 5.2. Advantages and limitations of ratios 5.3. Ratio Types 5.4. Liquidity Ratios 5.5. Cash Margin of Safety 5.6. Financial Structure Ratios 5.7. Financing Ratios 5.8. Economic Indicators and Profitability
7. Economic and Financial Diagnosis 7.1. Preparation of economic and financial diagnostic of companies of different economic sectors
Demonstration of the syllabus coherence with the curricular unit's learning objectives
The first objective (to equip students with technical and relational skills at the level of global management) is addressed in chapter 1 of the program, where the general concepts of function, analysis and financial management are studied. The second objective related to "specific management" is related to chapter 2 and the basic tools of the financial analysis are addressed. The third objective of equipping students with technical skills in the interpretation and analysis of financial statement maps is addressed in the remaining chapters by studying a set of financial analysis methods and techniques, the company's financial equilibrium, financial and risk factors and, finally, the economic-financial diagnosis.
Main literature
Revsine, L., Collins, D., Johnson, B., Mittelstaedt, F., Soffer, L. ;Financial Reporting and Analysis, McGraw-Hill Education, 2020. ISBN: 978-1260247848.
Higgins, R., Koski, J., and Mitton;Analysis for Financial Management, McGraw-Hill Education., 2018. ISBN: 978-1259918964
Supplementary Bibliography
Mayes, T., Shank, T. ;Financial Analysis with Microsoft Excel, Cengage Learning. Chicago., 2016. ISBN: 978-1337298049
Learning Methods
Combinations of several strategies are used aiming to encourage the student to develop individual and group autonomous work, accompanied by the lecturer, in order to build up specific and generic skills that are considered crucial to its training.
Assessment Components
Avaliação distribuída com exame final
Assessment Components
Description
Type
Time (hours)
Conclusion Date
Attendance (estimated)
Lessons
45
Teste/Exame
3
Study
97
Participação Presencial
15
Total:
160
Continuous Assessment
Continuous evaluation:
1. Group work with a weighting of 20% in the final grade - making a financial diagnosis of a company
2. individual written tests with a weight of 80% (40% weight assigned to each test) in the final grade.
Under the General Regulation: a) The effective attendance of students in class will be recorded and, if the number of absences per student exceeds 30% of the total number of contact sessions for each course unit, will be automatically transferred to the final evaluation of the normal season; b) In the written tests and in the defined evaluation elements it is necessary to obtain a minimum grade of 7.5 points; c) If the student misses or achieves a grade lower than 7.5 points in the tests or evaluation elements referred to in the previous number, he / she will be automatically transferred to the final evaluation of the normal season; d) If the student misses or achieves a grade lower than 7.5 points in the second written test (held on the same date as the final written test of the normal season), he / she may require registration for evaluation at the time of appeal; e) All written academic work provided for in the assessment (reports, case studies, etc.) must be submitted to the Turnitin database, available on the ISAG E-Learning platform, with a similarity rate up to 30% acceptable.
Final Exam
Final evaluation:
Individual written exam (100%).
Special Assessment (TE, DA, ...)
Individual written exam (100%).
Improvement of final grade
Individual written exam (100%).
Demonstration of the coherence between the teaching methodologies and the learning outcomes
The first objective presupposes the use of the Microsoft Powerpoint program to present theoretical contents. The 2nd and 3rd objective combines the theoretical slide presentation from the same software, with exercises in the classroom, through work sheets made available to students, the accomplishment of a computer lab activity to access statistical and market data and the analysis of working documents.