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

NAO

Breia, A. F.; M. Mata; V. Pereira, 2014, Análise Económica e Financeira – Aspetos teóricos e casos práticos. Rei dos Livros.
Fernandes, C.; C. Peguinho; E. Vieira; J. Neiva, 2016, Análise Financeira – Teoria e Prática – Aplicação no âmbito do SNC, Edições Sílabo.
Fernandes, C., C. Peguinho, E. Vieira, J. Neiva, 2015, Análise Financeira – Teoria e Prática – Casos Práticos – Aplicação no âmbito do SNC, Edições Sílabo.
Hawawini, G.; C. Viallet, 2019, Finance for Executives – Managing for Value Creation, South‑Western Cengage Learning.
Moreira, J. A. C., 1999, Análise Financeira de Empresas – da Teoria à Prática, Associação da Bolsa de Derivados do Porto Editora, Instituto Mercado de Capitais.
Neves, J. C., 2012, Análise e Relato Financeiro – Uma Visão Integrada de Gestão; Texto Editores.
Robinson, T. R.; Henry, E.; Pirie, W. L.; Broihahn, M. A., 2012, International Financial Statement Analysis, John Wiley & Sons, Inc.

SNC