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2019/2020  KAN-CCMVV1645U  Financial Statement Analysis and Valuation

English Title
Financial Statement Analysis and Valuation

Course information
Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Start time of the course First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 150
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Ole Vagn Sørensen - Department of Accounting (AA)
Main academic disciplines
  • Accounting
Teaching methods
  • Face-to-face teaching
Last updated on 11-02-2019

Relevant links
Learning objectives
  • read and understand financial statements
  • conduct a profitability analysis using financial ratios
  • conduct a growth analysis using financial ratios
  • conduct a liquidity risk analysis using financial ratios
  • prepare pro forma (budgetted) statements (income statement, balance sheet and cash flow statement) which articulate
  • estimate firm values
Course prerequisites
Students are required to have had an introductory course in financial accounting and a reasonable knowledge of corporate finance.

The course is closed for students at FIR, FIN, FIV, and ASC
Examination
Financial Statement Analysis and Valuation:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Autumn
Aids Limited aids, see the list below:
The student is allowed to bring
  • USB key for uploading of notes, books and compendiums in a non-executable format (no applications, application fragments, IT tools etc.)
  • Any calculator
  • Books (including translation dictionaries), compendiums and notes in paper format
The student will have access to
  • Access to Canvas
  • Access to the personal drive (S-drive) on CBS´ network
  • Advanced IT application package
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Course content, structure and pedagogical approach

Research and theory based lectures are mixed with exercises and cases. Lectures provide the students with the necessary tools to make financial analyses and valuation. Through cases the students learn how to apply theory and use a variety of decision models used in practice.

The course’s development of personal competences:

Candidates are trained in presenting solutions to a variety of real life business cases, including valuation, based on financial statement analysis.
Description of the teaching methods
Research and theory based lectures are mixed with exercises and cases.
Feedback during the teaching period
Office hours for feedback / Regular short assignments / Pre-tests
Student workload
Lectures 36 hours
Preparation 140 hours
Exam 30 hours
Further Information

The course is closed for students at FIR, FIN, FIV, and ASC.

 
Expected literature

Chapters 1-10 in Christian Petersen, Thomas Plenborg og Finn Kinserdal
Financial Statement Analysis, Fagbokforlaget, 2017, 1. udgave, ISBN: 9788245021028

 
Last updated on 11-02-2019