Balance Sheet Analysis (VO)


Course lecturer:

Mag. Dr.

 Alexander Herbst
Course numberB4.06360.33.351
Course codeBalAn
Semester of degree program Semester 3
Mode of delivery Presencecourse
ECTS credits1,0
Language of instruction English

The students are able to prepare a balance sheet, a profit and loss statement as well as a cash-flow statement. They to do a statement analysis using horizontal and vertical balance sheet ratios. By using the Quick-Test the students can make a statement about the financial situation of a company.

The main contents cover the modes of calculating different business ratios and using ratio systems, the interpretation of data and the comprehension of different financial ratios of an income statement, a balance sheet and a cash-flow statement.
Furthermore the correlation between finance and income statements, changes in financial positions, cash flow analysis and working capital management will be discussed. These (theoretical and practical) contents will be up for critical discussion.

Ittelson, R. Th.: Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports, Career Press, New York 2009
Robinson, R. Th ; Henry, E. ; Pirie, L. W. ; Broihahn, A. M. ; Cope, T. A.: International Financial Statement Analysis, 3nd Edition, CFE Institute, New Jersey 2015
Weaver, C. S.: Essentials of Financial analysis. McGraw-Hill Education, New York 2012

Case studies
Self-study and group work

Participation 10%
Exam 90%