The overall aim of the course is to develop the student’s theoretical and practical knowledge in financial statement analysis and valuation with a clear focus on accounting issues in listed companies (IFRS). After completion of the course the students are expected to explain and understand how IFRS accounting issues interact with financial statement analysis and company valuation.
The course is delivered through lectures, computer lab seminars, group assignments, quizzes and a written exam. The lectures provide an overview of the three different topics - accounting, financial analysis and company valuation. The computer lab seminars provide opportunity to practice the quantitative parts by applying a computer model for financial analysis and discounted cash flow valuations. The group assignments are focused on an analysis and valuation of listed companies with IFRS issues involved.

Intended Learning Outcomes
Intended Learning Objectives

The overall aim of the course is to develop the student’s theoretical and practical knowledge in accounting, financial analysis and company valuation. Upon completion of the course, students should be able to:

Knowledge and understanding

1. Explain and understand the conceptual framework underlying accounting issues, financial analysis and company valuation.

Skills and abilities

2. Apply a discounted cash flow model in a real life setting and produce reasonable explanations to how accounting issues affect the analysis and valuation.

3. Put their knowledge into practice as they apply their computer model on existing companies.

Judgement and approach

4. Critically assess and evaluate the theoretical and empirical aspects related to accounting issues in analysis and valuation.