|
HU Credits:
3
Degree/Cycle:
1st degree (Bachelor)
Responsible Department:
Accounting
Semester:
2nd Semester
Teaching Languages:
Hebrew
Campus:
Mt. Scopus
Course/Module Coordinator:
Inbal Yehudayoff, CPA
Coordinator Office Hours:
After lectures
Teaching Staff:
Inbal Yehudayoff
Course/Module description:
The Course will provide knowledge in reading and analysis the Company's financial statements, for the purpose of its valuation. In addition, the course will deal with the various valuation methods.
Course/Module aims:
The course is intended to provide the student with knowledge in valuing companies on the basis of their financial statements.
Learning outcomes - On successful completion of this module, students should be able to:
The student will acquire knowledge and expertise in the analysis and valuation of companies on the basis of their financial statements. The student will get to know number of company valuation methodologies.
Attendance requirements(%):
None
Teaching arrangement and method of instruction:
Lecture based.
Course/Module Content:
Objectives of financial analysis and for whom is it intended.
Financial Statements
analysis:
- Financial statements analysis: balance sheet, income (loss) statement, changes in shareholders equity
- Cash flow analysis.
- Financial ratios:
- Liquidity ratio.
- Profit ratio.
- Equity ratio.
- Operating
effectiveness ratio.
Materiality
Sustainability indices
Company valuation methods:
- asset valuation
method.
- Market value method.
- Profit valuation.
- Multiplier method
- DCF (discounted cash
flow method)
Reconstruction programs and their chances of success.
Required Reading:
There is no required course reading. The course is based on lectures during the semester.
Additional Reading Material:
א. C. Stickney, "Financial Statement Analysis: A Strategic Perspective", 2nd ed., 1993.(S)
ב. L. Bernstein, "Financial Statement Analysis", Irwin, 1993
Course/Module evaluation:
End of year written/oral examination 60 %
Presentation 0 %
Participation in Tutorials 0 %
Project work 40 %
Assignments 0 %
Reports 0 %
Research project 0 %
Quizzes 0 %
Other 0 %
Additional information:
Preconditions for a course pass mark:
- Pass mark in the examination and course work, each separately.
|
