- Docente: Riccardo Silvi
- Credits: 6
- SSD: SECS-P/07
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Forli
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Corso:
Second cycle degree programme (LM) in
Economics and management (cod. 9203)
Also valid for Second cycle degree programme (LM) in Economics and management (cod. 9203)
Learning outcomes
The goal of this course is to provide students with an understanding of a business financial performance. Specifically, students will learn how to: - execute and interpret a business financial performance using profitability, liquidity, gearing, efficiency, working capital and cashflow ratios; - assess business operating and financial risk; - use financial analysis tools for designing benchmarking and improve a company business model.
Course contents
The role of management control systems in firm's performance management.
Business model performance and value creation
Measures of value creatin
Understanding Financial Statement
Profitability ratios and drivers of profitability
Operating and efficiency ratios
Assets management ratios
Financial policy ratios for liquidity and assets coverage analysis
Working capital management ratios
Operating, financial and overall risk assessment ratios
Benchmarking and use of financial ratios for understanding business model environment (customers, suppliers, competitors).
Readings/Bibliography
K. Palepu, P. M. Healy, E. Peek, Business Analysis and Valuation, South Western, 2010: http://www.cengagebrain.co.uk/shop/isbn/9781408017494 –Chapter 1, A framework for business analysis and valuation using financial statements (pp.3-15), Chapter 2, Strategy Analysis, (pp. 45-61), Chapter 4, Implementing Accounting Analysis (135-191) Chapter 5 Financial Analysis (pp.205-235), Chapter 6 Prospective Analysis: Forecasting (275-301),
Class material (available on course learning platform)
Teaching methods
Lectures, case studies, project work
Assessment methods
Written exam and group project work (group project work only for attending students).
Teaching tools
Powerpoint class presentations, additional information about the program, cases and problems are available in the e-learning web site
Office hours
See the website of Riccardo Silvi