Accounting 2 & Introduction to Financial Analysis

ECTS: 6  
Department: GACO  
Degree level: 1^st year of Bachelor
Teaching contact hours: 30  
Instructor: Martine LAURENT

Learning objectives

At the end of the course, students should be able to:

Part 1

• Calculate the depreciation of fixed assets (different methods).
• Set up a loan repayment table (including calculations).
• Post all basic necessary entries relating to fixed assets, loans, doubtful accounts & bad debts.

Part 2

• Comment on a balance sheet & an income statement (including ratios).
• Express an opinion on a company’s financial position.

Course topics

Bookkeeping 2

• Fixed Assets: purchase, depreciation & sales.
• Loan repayment.
• Adjusting entries.

Introduction to Financial Analysis

• Comments on the income statement: turnover, added value, EBITDA, cash flow … ratios,  analysis of the activity & performances.
•  Comments on the balance sheet: financing needs & means, working capital & working capital requirement, ratios.

Teaching method

• Weekly seminars (“TD”): the course is entirely based on case studies. No lectures.
• All answers online, at the end of the class.
• Online quizzes to practise.

Assessment

• Online quizzes                                  1/3
• 1 intermediate exam (2 hours)     1/3
• 1 final exam (2 hours)                      1/3

Entry requirements

• Student should have validated Accounting 1 (Autumn Semester) to understand this course.