Financial Statement Analysis and Valuation

University of Glasgow

Course Description

  • Course Name

    Financial Statement Analysis and Valuation

  • Host University

    University of Glasgow

  • Location

    Glasgow, Scotland

  • Area of Study

    Accounting, Finance

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Scotcat Credits

    20
  • Recommended U.S. Semester Credits
    5
  • Recommended U.S. Quarter Units
    7
  • Overview

    The objective of this course is to introduce students to contemporary theory, practice and technology of financial statement analysis and fundamental valuation of publicly traded companies. The course has practical orientation and is intended to equip students with the skills necessary for carrying out comprehensive fundamental analysis of a company's position, performance and intrinsic value.
    The aim of this course is to equip students with knowledge and practical skills on how information reported by firms in their annual reports and financial statements can be used to analyse firms? performance and
    estimate the fundamental value at which firms? shares should be trading on the stock market.
    The course is taught from the perspective of the equity financial analyst. The course will introduce students to the techniques, methods and approaches used by financial analysts to:
    (a) extract useful information from the firm?s annual reports and financial statements and prepare/modify it for subsequent use in analysis;
    (b) develop forecasts of key performance indicators and factors that drive or influence the firm?s value;
    (c) derive the fundamental value of the firm; and
    (d) prepare thorough and convincing equity research analyst-style valuation reports.
    The course will also introduce students to relevant academic research in this area.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.