Financial Analysis

Objectives

1. Dominar o quadro de referência necessário à tomada de decisão racional em matérias do domínio financeiro;

2. Dominar as principais ferramentas e técnicas de análise financeira;

3. Compreender a noção de valor e as respetivas fórmulas de cálculo;

4. Dominar os conceitos subjacentes à determinação do risco operacional e financeiro e respetiva forma de cálculo;

5. Dominar a gestão eficiente da tesouraria da empresa; e

6. Compreender os conceitos base subjacentes ao valor económica acrescentado.

Program

1. Financial functional and financial analysis
2. Financial Analysis – concepts and basic elements
3. Financial Analysis – Analysis Methods

Teaching Methodologies

Theoretical and practical classes based on the resolution of a pre-selected collection of exercises. It’s privileged the use the expositive and explicative method, using frequently the dialogue with students, with the purpose of motivating students, and easing their comprehension about the lectured topics and fomenting their logical understanding. It’s also registered the use of graphical schemes, illustrations allusive to real situations, external information sources and practical application of theoretical concepts in a working group regime. The latter allows students an important contact with corporate reality and with the produced information on financial report. Learning process benifits from elaboration, presentation and discussion of a term paper comprising the economic and financial analysis to the 3 last financial statements of a Portuguese company.

Bibliography

Principal
Neves, J. (2012). Análise e Relato Financeiro (5a ed.). Texto Editora.

Complementar
Brealey, R., Myers, S., & Allen, F. (2007). Princípios de Finanças Empresariais (8a ed.). McGraw-Hill.
Brealey, R., Myers, S., & Allen, F. (2020). Principles of Corporate Finance (13th ed.). McGraw-Hill.
Copeland, T., Koller, T., & Murrin, J. (2000). Valuation: Measuring and Managing the Value of Companies (3rd ed.). McKinsey & Company, John Wiley.
Damodaran, A. (2001). Corporate Finance. Theory and Practice (2nd ed.). John Wiley and Sons.
Kester, C., Rubach, R., & Tufano, P. (2005). Case Problems in Finance (12th ed.). McGraw-Hill.
Neves, J. (2002). Avaliação de Empresas e Negócios. McGraw-Hill.
Ross, S., Westerfield, R., & Jaffee, J. (2012). Corporate Finance (10th ed.). Irwin/McGraw-Hill Book Co.
Shapiro, A. (1991). Modern Corporate Finance. Maxwell Macmillan International Editions.
Van Horne, J. (1992). Financial Management and Policy (9th ed.). Prentice-Hall.