Financial Statement Analysis
Financial Statement Analysis
Financial Statement Analysis
Course
Code
Financial Statement Analysis
Course Title
Course Dr Paritosh Basu, Dr Chandan Dasgupta, Dr Sangeeta Wats, Prof Sudhanshu Pani,
Instructor/s Dr Smita Mazumdar
Credit 1.5
Value
Programme MBA (Core) Trimester - II
& Trimester
Pre- Fundamental knowledge of Financial Accounting
requisite
CLOs – (PLOs as Stated alongside in bracket)
1. Understand relational analyses of financial variables and other tools in assessing
profitability, financial strength and stability and efficiency across time from the
Learning perspectives of multiple stakeholders. (PLO 3a).
Objectives
2. Acquire knowledge about conducting inter-firm comparison using relational tools for
assessing financial performance, including relative valuation of an entity. (PLO 2b)
Learning 1. Achieve application skills for financial tools in assessing financial health of an entity
Outcomes and from the perspectives of multiple stakeholders.
(Must be
connected to 2. Acquire abilities in application of assessment tools for comparatively assess financial
Learning performance, strength and stability of a company vis-à-vis its peers. including
Objectives) valuation of business using relative valuation techniques.
Course
Description
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Analysis and Inter- Pg 7- 49 (Harvard online
firm comparison; module- Finance)
Financial Ratios;
Non-financial ratios
Financial statements of MRF,
Apollo Tyres and JK Tyres
Economic Value EVA note from Annual Report Classroom exercises and
Added (EVA); of Hindustan Unilever Ltd – discussion
Adjustments 2018-19
6 required; Superiority
of EVA; EVA
Drivers and EVA
Centres
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Multiples and Note on Relative valuation Classroom exercise and
Introduction to (Damodaran) available at discussion
Valuation with http://people.stern.nyu.edu/ada
related financial
8 modar/pdfiles/papers/multiples.
ratios
Types of multiples; pdf (page 1-8; 15-16)
Suitability and Uses
Pgs. 186-193 (Harvard online
of multiples
module –Finance)
Uses of Financial Case: Kwality Ltd: The Numeric exercise and case
Ratios in Prediction - Banker’s Dilemma analysis
9
Altman Z Score and
Beneish’s M Score
Exploring Earnings Dragon Soup and Earnings Case Discussion and analysis
management and the Management (A) (Kellogg
consequences of School of Management,
business decisions on
Northwestern Univ - KEL574-
10 financial reports
Earnings PDF-ENG
Management; Uses
in Forensic
Accounting
Reading List
and Text book
References Accounting- Text and cases, Robert Anthony, David Hawkins, Kenneth Merchant, Tata
McGraw Hill, 13th edition (AHM)
(along with
details of References
year of Financial Accounting for Management, 4th Edition, N Ramachandran and R K Kakani;
Publication) McGrawHill
Introduction to Financial Accounting, C T Horngren, G L Sundem, J A Elliot, D R Philbrick;
Pearson 9th Edition
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