Financial Statement Analysis

Subject	Financial Statement Analysis
Semester	3rd semester (autumn)
Type	Required (area of study: Applied Economics)
ECTS	6 ECTS
Study programme:	Business studies (master)
Primary language:	Slovene

Introduction
The course will be conducted in the Slovene language and is an optional course in accordance with the officially approved curriculum in the postgraduate study program Business Studies. During the course, the student learns the basic concepts of the financial statements in terms of the advantages and disadvantages of individual items from a theoretical and practical point of view.

Preconditions
Students must understand the medium concepts of management of organizations. The subject requires the use of basic mathematical techniques.
 
Goals
1. To show students the importance of financial statements;
2. Present students information for reading financial statements d.o.o. and d.d .;
3. To present to the students the characteristics of the company that goes bankrupt / insolvency;.
4. Present students the characteristics of a “healthy” business.

Competencies
1. Understanding the financial statements
2. Understanding the company's capital
3. Ability to prepare rules for collecting claims
4. Understanding the company's liquidity
5. Understanding the company's insolvency
6. Acquiring knowledge about the company's risks
7. Understanding the ownership of business links
8. The ability of expert argumentation and decision-making

Learning outcomes
Acquire knowledge for practical use for reading financial statements.

Syllabus
1. Introduction to the study (analysis) of financial statements (concept, purpose and types of accounts, methodology of economic study)
2. Study of the balance sheet,
3. Study of the profit and loss account,
4. Study of the cash flow and capital movements
5. The characteristics of the financial statements before the bankruptcy of the company
6. The importance of auditing the company
7. Study of other components of regular external financial reporting for business purposes.

Forms of work and methods of work
• Frontal teaching
• Studying case studies
• Working in groups
• Individual case work

Evaluation system and criteria
Knowledge testing consists of three elements: 1) Seminar work; 2) On-course work; 3) Exam. For a positive assessment, at least 50% of all points must be collected.
 
Learning and study material

• Robnik, Lidija. 2020. Računovodstvo – elektronski učbenik. Fakulteta za management in pravo Ljubljana.
• Selected chapters from current textbooks and scientific and professional contributions from renowned domestic and foreign journals and journals (will be listed below)
• Transparency with a lecture with a summary of basic contents and additional materials for tours in the discussion

Recommended additional literature

1. Koletnik, Franc. Računovodstvo za notranje uporabnike informacij. 1. ponatis 2., dopolnjene izd. Ljubljana: Zveza računovodij, finančnikov in revizorjev Slovenije, 2007.
2. Koletnik, Franc, Kokotec-Novak, Majda. Bilanciranje in bilančna politika. Maribor: Ekonomsko-poslovna fakulteta, 1994.

Office hours:

• After courses
• By agreement