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Single discipline educational activity
Course Sheet Academic Year of enrolment:
Professor and Collaborators:
Hours of classroom activity:
Prerequisites:
It is recommended, for all students, to firstly take the “Economia aziendale” exam.
Objectives
Contents The course focuses on the main financial analysis tools from a corporate perspective, with particular attention to financial statements analysis techniques, investment and financing measurement, dividend policy.
Extended Syllabus I MODULE - 6 ECTS
The financial statements: general considerations
The financial statements: evolutionary aspects
The IAS /IFRS financial statement model
The national financial statement model
Financial statement and tax regulations (an overview)
Financial statement analysis: general aspects
Reclassifications of financial statements
Financial ratio analysis
Cash flow analysis
Corporate groups and consolidated financial statement (an overview)
II MODULE - 3 ECTS
Fundamentals of corporate finance
The notion and measurement of risk
Measuring the return on an investment
Capital structure: analysis of the financing decision
Dividend policy
Recommended Bibliography • M. A. REA, L’analisi di bilancio per il controllo della gestione, Giappichelli, Torino, settembre 2016 (II edizione);
• A. DAMODARAN, A. ROGGI, Finanza aziendale. Applicazioni per il management, Maggioli, Santarcangelo di Romagna, settembre 2015 (IV edizione), limited to the following parts:
Chapter 1
Chapters 3 and 4
Chapter 5 (sections 5.1, 5.3, 5.4, 5.6)
Chapter 7 (sections 7.1, 7.2, 7.3, 7.4, 7.5, 7.7, 7.9, 7.10, 7.11)
Chapter 10 (sections 10.1, 10.2, 10.4, 10.5, 10.6)
• Further educational tools and materials for the exercises will be notified in classrom and made available through the Moodle platform on the fad.unich.it web page.
Methods of Provision
Teaching Methods Lectures and exercises (in classroom and online)
Evaluation methods Verification of learning:
The exam consists of a preliminary written test and a final interview. The written test is aimed at: 1) ascertaining the comprehension of the course contents, through a set of open questions; 2) verifying the skills acquired on the financial statement analysis, through one or more exercises. The final interview aims to deepen the level of knowledge of the topics and focuses on the entire exam program. The final evaluation takes into account the results of both the written and oral tests.
Contacts/More Information