Course Information
Course Title Code Semester T + P ECTS
Financial Statement Analysis ISL470 8 3 + 0 4

Prerequisites None.

Language Turkish
Level Bachelor's Degree
Type Elective
Coordinator Prelector Gültekin TOPALOĞLU
Instructors Prof. TURHAN KORKMAZ
Goals The main goal of this course is to introduce main and supplementary financial statements of a firm and making interpretations while applying financial analyses techniques, using the values in financial statements. Financial statement analysis course is a subject where calculations are mostly used. Therefore, teaching calculator and spreadsheet programs are also aimed with this course.
Contents This course includes the techniques used in analyzing financial statements, and importance and goals of main financial statements as balance sheet and income statement, supplementary financial statements as cost of goods sold table, profit distribution table, fund flow statement, cash flow statement, change in net working capital table, change in owner's equity table etc. Financial analysis techniques, which are comparative analysis, percentage analysis, trend analysis and ratio analysis are also covered. The effect of inflation over financial statements is also a part of the course's content.
Work Placement(s) Absent

Number Learning Outcomes
1 Being able to explain main and supplementary financial statements used in financial analysis.
2 Being able to explain the importance and usage of financial analysis.
3 Being able to explain financial analysis techniques.
4 Being able to interpret financial statement results, and make financial assessment.
5 Being able to explain the effects of inflation over financial statements.

Mode of Delivery Face-to-Face
Planned Learning Activities & Teaching Methods Face to Face.
Assessment Methods Mid Term Exam 40%, Final Exam 60%.



Course Content
Week Topics Study Materials
1 Introduction to financial statements course. Reading pages 3 to 17 from course book.
2 The importance of main financial statements (balance sheet and income statement) and generally accepted accounting principles according to financial analysis. Reading pages 18 to 40 from course book.
3 Preparing and interpreting cost of goods sold table and fund flow table from supplementary financial statements. Reading pages 47 to 63 from course book.
4 Preparing and interpreting cash flow statement and profit distribution table from supplementary financial statements. Reading pages 64 to 73 from course book.
5 Preparing and interpreting change in working capital and change in owner's equity tables from supplementary financial statements. Reading pages 74 to 120 from course book.
6 The importance of financial analysis according to shareholders of a firm. Reading pages 137 to 143 from course book.
7 Classifying financial analysis techniques. Reading pages 143 to 148 from course book.
8 Comparative financial analysis approach. Reading pages 149 to 153 from course book.
9 Vertical percentage analysis approach. Reading pages 154 to 170 from course book.
10 Trend analysis approach. Reading pages 171 to 183 from course book.
11 Ratio analysis approach. Reading pages 184 to 208 from course book.
12 Ratio analysis approach. Reading pages 209 to 231 from course book.
13 Financial analysis under inflationary terms. Reading pages 269 to 296 from course book.
14 Applications about financial analysis techniques. Reading pages 232 to 268 from course book.



Sources
Textbook Adem Çabuk ve İbrahim Lazol, Mali Tablolar Analizi, 10. Baskı, Ekin Kitabevi, Bursa, 2009.
Additional Resources Nalan Akdoğan ve Nejat Tenker, Finansal Tablolar ve Mali Analiz Teknikleri, 13. Baskı, Gazi Kitabevi, Ankara, 2010. - Öztin Akgüç,Mali Tablolar Analizi, 14. Baskı, Avcıol Matbaası, İstanbul, 2010. - Ümit Gücenme, Mali Tablolar Analizi, Alfa Yayınları, İstanbul 2005. - K.R. Subramanyam and John J. Wild, Financial Statement Analysis, 10th Edition, McGraw Hill/Irwin, 2008.



Assessment System Quantity Percentage
In-Term Studies
Mid-terms 1 100
In-Term Total 1 100
Contribution of In-Term Studies to Overall 40
Contribution of Final Exam to Overall 60
Total 100





Course's Contribution to PLO
No Key Learning Outcomes Level
1 2 3 4 5
1 Have advanced knowledge in the field of working life x
2 Information in the field of working life has the ability to transfer employees and colleagues. x
3 The decision on the application and the behavior of his working life to interpret the information acquired through the use of the data, to analyze, to bring the has the ability to define problems and solutions. x
4 Do research and work on issues related to working life. x
5 The project meets the objectives of the Project Coordinator or the participant takes responsibility. x
6 Organization / Institution determines the objectives. x
7 Employee-employer relations, critically evaluates the acquired knowledge and skills. x
8 Indicates that the comprehension of the need for continuity of learning x
9 The level of knowledge and skills related to the field of Labor Economics thoughts and pass the written and oral proposals concerned. x
10 Effective stake holders in the field of professional communication. x
11 Working relationships required by the European Computer Driving Licence Advanced Level at least with computer software uses information and communication technologies. x
12 At least one foreign language knowledge in the field using the European Language Portfolio B1 General level monitors and communicates with colleagues. x
13 Employee-employer relations, the organization / institution, business, and act in accordance with social ethics. x
14 Analyze and executes effective working relationships within the organization. x
15 Has the ability to be able to encourage innovations in working life. x
16 Working relationships to the organization / institution for the critical thinker. x
17 Social rights, social justice, quality and cultural values, environmental protection, occupational health and safety issues are conscious. x



ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities Quantity Duration (Hour) Total Work Load (h)
Course Duration 15 3 45
Hours for off-the-classroom study (Pre-study, practice) 14 2 28
Assignments 1 5 5
Presentation / Preparing Seminar 1 5 5
Mid-terms 1 14 14
Final examination 1 20 20
Total Work Load (h) 117
Total Work Load / 30 (h) 3.9
ECTS Credit of the Course 4