Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS Credits
7ITF483Financial Statements Analysis3+0+036

Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program International Trade and Finance (Eng)
Mode of Delivery Face to Face
Type of Course Unit Elective
Objectives of the Course This course is designed to build and strengthen the ability to correctly interpret financial statements and their accompanying disclosures and use them to assess a company’s value.
Course Content This course consists of mechanics of financial statements (balance sheet, income statement, and statement of cash flow) and key earnings ratios , profitability and solvency metrics and methods to analyze them.
Course Methods and Techniques Lecture
Group Work
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Asist Prof. Fatma Dural fatma.dural@gedik.edu.tr
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Small Business Management, Entrepreneurship and Beyond 5th edition
Jerry J. Weygandt, Kieso, et al., Financial Accounting (2013)
Jerry J. Weygandt, Kieso, et al., Financial Accounting (2013)
Small Business Management, Entrepreneurship and Beyond 5th edition
Brealey, R. A., Mayers, S. C., & Allen, F. (2011). Corporate Finance: Ninth edition.
Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.

Course Category
Mathematics and Basic Sciences %20
Field %80

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 30
Quizzes 2 % 20
Final examination 1 % 50
Total
4
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 3 42
Mid-terms 1 20 20
Practice 2 15 30
Final examination 1 20 20
Total Work Load   Number of ECTS Credits 6 154

Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Interpret the financial statements and related footnotes.
2 Apply vertical analysis, horizontal analyis, trend analysis and ratio analysis.
3 Evaluate the financial performance and the value of the firm.


Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Overview of Financial Reporting Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 2, 25-50) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 2, 25-50)
2 Balance Sheet ; Current Assets and Fixed Assets Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 272-275) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 272-275)
3 Balance Sheet ; Liabilities and Equity Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 272-275) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 5, 165-192)
4 Income Statement Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 272-275) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 4, 113-142)
5 Cash Versus Profit, What is the difference? https://online.hbs.edu/blog/post/cash-flow-vs-profit https://online.hbs.edu/blog/post/cash-flow-vs-profit
6 Cash Flow Statement Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 6, 215-243) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 6, 215-243)
7 Financial Statement Analysis Methods: Ratio Analysis; liquidity, solvency, risk, and profitability Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 264-270) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 264-270)
8 Ratio Analysis and Its interpretation Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 264-270) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 264-270)
9 Horizontal vs Vertical Analysis Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 264-270) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 265-270)
10 Trend analysis and Its interpretation Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 264-270) Robinson, T. R., Henry, E., Pirie, W. L., & Broihahn, M. A. (2012). International financial statement analysis (Vol. 39). John Wiley & Sons.(Chapter 7, 272-275)
11 Managing Financial Resources Jerry J. Weygandt, Kieso, et al., Financial Accounting (2013) Jerry J. Weygandt, Kieso, et al., Financial Accounting (2013)
12 The Basics of Capital Budgeting: Evaluating Cash Flows Brealey, R. A., Mayers, S. C., & Allen, F. (2011). Corporate Finance: Ninth edition. (Chapter 6, practice questions: (136-137) Brealey, R. A., Mayers, S. C., & Allen, F. (2011). Corporate Finance: Ninth edition. (Chapter 6, practice questions: (136-137)
13 Project Evaluation Methods (Payback Period, NPV, IRR ) Brealey, R. A., Mayers, S. C., & Allen, F. (2011). Corporate Finance: Ninth edition. (Chapter 6, practice questions: (136-137) Brealey, R. A., Mayers, S. C., & Allen, F. (2011). Corporate Finance: Ninth edition. (Chapter 6, practice questions: (136-137)
14 Comprehensive Case Study Available at ue.gedik.edu.tr Available at ue.gedik.edu.tr


Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7
C1 2 3 3 3 5 2 4
C2 2 4 3 3 5 1 3
C3 2 3 3 3 5 1 2

bbb


https://obs.gedik.edu.tr/oibs/bologna/progCourseDetails.aspx?curCourse=202071&curProgID=5647&lang=en