Referring to Financial Statement Analysis (External Business Analysis) this course will enable students to understand how economic situations and management decisions can influence the company’s performance correlated with the impact on key ratios and the related interpretations. By the end of this course, it is expected that students are able to analyse companies on their own resulting in reasoned and founded investment decisions. Referring to Managerial Accounting this course is to develop a deepened understanding of financial and managerial accounting as well as their interrelations. Unlike in Anglophone countries, financial and managerial accounting are distinctive in Germany. This course is intended to be a lecture and, as such, the primary responsibility for learning will rest with the students. There will be examples to explain how to apply theory in ”real” life. The objective is to develop a working knowledge of financial statement analysis and managerial accounting in order to be able to adopt this knowledge to concrete ”real” life situations as they apply to corporations.
To illustrate the contents of the course, the annual report of Henkel will be available for download via Lernweb. Please bring it along to each lecture
Baetge, Jörg/Kirsch, Hans-Jürgen/Thiele, Stefan, Bilanzanalyse, 2. Aufl., Düsseldorf 2004.
Busse von Colbe, Walther/Coenenberg, Adolf G./Kajüter, Peter/Linnhoff, Ulrich/Pellens, Bernhard (Hrsg.), Betriebswirtschaft für Führungskräfte, 4. Aufl., Stuttgart 2011.