Instructional goals
Learn and understand the tools and the methodologies to analyse the performance of the firm, with particular focus on the economic and financial equilibrium.
Prerequisites
Good knowledge of the accounting process and of the accounts records deriving from transactions.
Reference book for the review:"Accounting" Raoli, McGraw Hill Create, 2019/2020
Intended learning outcomes
KNOWLEDGE AND UNDERSTANDING: the student will have acquired the
knowledge of the tools and methods of analysis of the economic and
financial performance of companies;
APPLYING KNOWLEDGE AND UNDERSTANDING: the student will have
achieved the ability to analyze the economic and financial performance
of companies using the methods and techniques acquired;
MAKING JUDGMENT: the student will have developed the ability to
formulate critical judgments on the economic and financial performance
of companies;
COMMUNICATION SKILLS: the student will be able to communicate ratings and judgments on the economic and financial performance of companies;
LEARNING SKILLS: the student will have acquired the learning skills
necessary for the continuation and conclusion of studies independently
Course Contents
Presentation and analysis of the financial statements contained in the annual report, according to both IAS-IFRS and ITA GAAP. Analysis of the operating and financial performance of the firm. Operating leverage and BEP. Multiple BEP. Statement of Cash Flows - construction and analysis.
Reference Books
Analisi Aziendale. F. Di Lazzaro, G. Musco, Giappichelli 2015
Teaching Methods
Lectures; individual exercises; case studies
Assessment Method
Written exam, weight: 50%. The student will be assessed through a written exam consisting of
questions that require the determination of values through the methods
and analysis tools acquired during the course and multiple choice
questions about the theoretical and applied part of the course program.
The number and type of questions will be decided by teacher and
communicated before the exam. Learning verification will be conducted
with reference to the teorical knowledge of the methodologies for
assessing the economic and financial performance of companies and in
relation to the ability to apply the analysis models studied.
Two group projects, having each one a weight of 25%. The projects will be based on topics discussed and presented during the course. The guidelines will be provided by the Professor during classes.
Thesis assignment criteria
Keen interest in the topics developed during the course and ability at doing research
Does the syllabus cover sustainability topics?
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Week 1 Contenuto sessioni on line e on campus
INtroduction to the course The Financial Statement according to IAS-IFRS and ITA GAAP (On Campus). Financial reformulation of the BS and IS (online)
Week 2 Contenuto sessioni on line e on campus
Liquidity and solidity analysis: theory (on campus) and practice (online)
Week 3 Contenuto sessioni on line e on campus
Strategic BS and Key performance indicators. Theory (on campus) and practice (online)
Week 4 Contenuto sessioni on line e on campus
Key performance indicaotrs. Theory (online) and practice (on campus)
Week 5 Contenuto sessioni on line e on campus
Financial leverage. Theory (on campus) and practice (online and on campus)
Week 6 Contenuto sessioni on line e on campus
Costs classification and BEP. Theory (on campus) and practice (online)
Week 7 Contenuto sessioni on line e on campus
Operating leverage and multiple BEP. Theory (online) and practice (on campus)
Week 8 Contenuto sessioni on line e on campus
Balanced Scorecard. Financial and non-financial indicators. The sustainability scores
Week 9 Contenuto sessioni on line e on campus
Statement of Cash Flows - construction with the indirect method. Theory and practice (on campus and on line)
Week 10 Contenuto sessioni on line e on campus
Statement of Cash Flows - construction with the direct method. Theory and practice (on campus and online)
Week 11 Contenuto sessioni on line e on campus
Statement of Cash Flows case studies (online and on campus)
Week 12 Contenuto sessioni on line e on campus
Review of the program, case studies and questions (online). Trial test (on campus)