Economic and Financial Analysis

Accounting

The teaching of the curricular unit is based on recent research materials and the experience gained through practice. The pedagogy of the course is strongly interactive. It wants substantial participation of students and know-how learning. Teaching methods include group discussion of real cases and individual elaboration of pedagogical exercises. Emphasis is placed on helping students relate concepts, ideas, and theories to real practice.

The classes are theoretical-practical, and the presence and participation active in the classes is optional, although strongly recommended.

Learn the fundamental methods and techniques for analyzing the financial statements of companies and economic and financial diagnosis.

In more specific terms it is intended to provide students with the following skills:

1. Discuss and evaluate the analysis of the financial balance.
2. Discuss and assess profitability.
3. Discuss and assess operational and financial risk.
4. Discuss and evaluate the free media, cash flows and productivity.
5. Preparing an economic and financial diagnosis

1. INTRODUCTION
1. Objectives of the company
2. The financial function and financial analysis
3. Global diagnosis and financial analysis: structure and content
4. Goals of financial analysis and analysis optics
5. Basic financial analysis documents and sources of information
6. Preparation of financial statements
2. ANALYSIS OF THE FINANCIAL BALANCE
1. The patrimonial approach to financial balance: fundamental concepts
2. From the balance sheet to the balance sheet
3. Key financial balance indicators
4. Limitations of the equity approach
5. The functional approach to financial balance: fundamental concepts
6. From the accounting balance sheet to the functional financial statement
7. The fundamental equation of the treasury
8. Limitations of the functional approach
3. PROFITABILITY ANALYSIS
1. Analysis concept and optics
2. Preparation of the demonstration of results for analysis
3. Profitability species: economic and financial profitability
4. Fundamental profitability equations
5. An integrated profitability analysis model
4. BUSINESS RISK ANALYSIS – OPERATIONAL AND FINANCIAL RISK
1. Economic risk
2. Financial risk
3. Global risk
5. ANALYSIS OF CASH FLOWS AND PRODUCTIVITY
1. Cash-flow: concept and species
2. Cash flow statement reading
3. Added value: concept and forms of calculation
4. Productivity: concept, species, and forms of calculation
6. ECONOMIC AND FINACIAL DIAGNOSIS: SYNTHESIS

The evaluation will be carried out in accordance with the Regulation of the 1st Cycle of ISCAC, and includes the following modalities:

1. Final assessment
Completion of an individual written exam, with a scheduled duration of 150 minutes. Students who obtain a grade of 10 or higher will pass.

2. Periodic assessment
Students who choose to enrol in this assessment scheme (enrolment is mandatory and must be completed, through the designated platform, by the deadline to be announced via NONIO) shall undertake two written tests, each with a maximum duration of 60 minutes, in addition to a final examination. The final examination will assess only the content not covered in the midterm tests and shall have a maximum duration of 90 minutes.
The midterm tests will account for 60% (30% + 30%) of the final grade. Students will be considered to have passed if they achieve a weighted average grade equal to or higher than 10 points. Approval in this scheme is also conditional upon obtaining a minimum grade in each of the tests corresponding strictly to 40% of the total score. Rounding down to the nearest whole number shall only be applied after the calculation of the average of the tests.
The results of the midterm tests shall remain valid for both the regular and resit examination periods.
Students enrolled in this continuous assessment scheme retain the right to withdraw from it and opt to be assessed exclusively by means of a final examination. The dates scheduled for the midterm tests, as well as the corresponding syllabus content, shall be announced via NONIO by the end of February.
The use of graphic calculators shall not be permitted during any assessment activity.
In all circumstances, an oral examination shall be mandatory following the written examination whenever the awarded grade is equal to or higher than 16 (sixteen) points. Failure to attend the oral examination shall result in the assignment of a final grade of 10 (ten) points.

NAO