Courses Exchange Display 2018-2019

Course Description To PDF
Course title Accounting for Financial Markets
Course code EBC4103
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
2 29-10-2018 21-12-2018 X X
Level Advanced
Coordinator Patrick Vorst
For more information: P.Vorst@maastrichtuniversity.nl
Language of instruction English
Goals
analysing firms’ accounting choices, identifying distortions to the financial statements, and undoing such distortions
analysing financial statements in the context of firms’ stated goals and strategy
preparing prospective financial statements, assessing the value of firms, and understanding differences in the usefulness of various valuation methods
applying financial analysis tools in credit analyses and analyses of mergers and acquisitions
Description
The objective of the course is to understand the relevance of financial statement information for investors, financial analysts, banks, managers, and other parties with a financial interest in a firm. Financial statements contain valuable information for various decision-making contexts. Mergers, acquisitions, takeovers, distress prediction, credit analysis, and security analysis require full awareness of the financial position of the firm. This course teaches you the language of financial analysis and firm valuation. Therefore, this course is relevant for everyone who is interested in the role of financial and accounting information in capital markets. In order to gain understanding of financial statement analysis, the course uses cases appropriate for various contexts and discusses several research articles.
Literature
Business Analysis and Valuation - IFRS edition (4th edition) by Palepu, Healy & Peek.
Prerequisites
“Students are expected to have sufficient knowledge of financial accounting (e.g., at the level of an intermediate accounting course). Further student should have a basic understanding of (corporate) finance. Exchange students need to have obtained a bachelor degree with a major in business.”
Teaching methods PBL / Presentation / Lecture / Assignment / Groupwork
Assessment methods Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Financial Economics Electives
Master Financial Economics Financial Analysis
SBE Exchange Master Master Exchange Courses
SBE Non Degree Courses Master Courses