The aim of the Accounting Analysis subject is to train students in a set of competences based on a methodology that, on the basis of the application of analytical tools and techniques to the data contained in the Financial Statements, facilitates the obtaining of useful measurements and relationships to transform the information and reduce the degree and areas of uncertainty in decision-making processes. Ultimately, the objective is to determine the current economic-financial situation of the company, to know the causes that have led it to such a situation and, as far as possible, to show the future prospects of the company.

SPECIFIC COMPETENCES OF THE SUBJECT:



At the end of the process, the learner will be:

Familiar with the basic accounting information models used by users to make decisions related to the company.

Able to handle the main instruments for analysing the information contained in financial statements.

Able to carry out diagnoses of the company's financial and economic-financial situation, as well as evaluate the profitability obtained by the company.



TRANSVERSAL COMPETENCES:



Ability to make reasoned judgements based on the data obtained.

Ability to communicate orally and in writing, in accordance with the nature of higher university studies.

Ability to work in a team, with integrity and ethical sense, responsibility, respect, initiative and leadership.

Capacity for analytical thinking and critical reflection.

Ability to use information and communication technologies.



DESCRIPTORS:

Study of the object and method of accounting analysis. Structural, economic and financial analysis. Cash flows. Integral analysis.



OBJECTIVES OF THE SUBJECT:

1.- To understand the content of the accounting and financial information derived from the activity carried out by the company.

2.- To analyse and interpret the annual accounts, focusing on the analysis of the economic and financial situation.

3.- Initiate in the techniques of analysis of financial statements for an accurate diagnosis of the business reality.



CONTENTS:

1) Objectives and instruments of accounting analysis.

a. Objectives.

b. Instruments.

2) Business structure and business cycles.

3) Analysis of financial stability.

4) Analysis of corporate profitability.

a. Economic profitability.

b. Financial profitability

5) Liquidity analysis.

a. Statement of Cash Flow.

b. Operating, investment and financing cash flows.

c. Cash flow analysis.

THEORETICAL AND PRACTICAL CONTENTS

1.- FINANCIAL INFORMATION and ACCOUNTING ANALYSIS

1.1.- Objectives of accounting analysis

1.1.1.- The accounting process

1.1.2.- Objectives of accounting analysis

1.1.3.- Main areas of interest in accounting analysis

1.2.- Accounting information as a basis for analysis

1.3.- Instruments of accounting analysis

1.3.1.- Methodology of accounting analysis

1.3.2.- Instruments of accounting analysis

2.- ANALYSIS OF BUSINESS STRUCTURE AND GROWTH

2.1.- Analysis of the investment and financing structure

2.2.- Analysis of business operations

2.3.- Business cycles. The working capital.

2.4.- Analysis of the variation of the working capital.

3.- ANALYSIS OF THE COMPANY'S FINANCIAL STABILITY

3.1.- Analysis of the solvency and liquidity in the short-term

3.2.- Analysis of long-term solvency

4.- ANALYSIS OF COMPANY LIQUIDITY

4.1.- Elaboration of the Statement of Cash Flows

4.2.- Analysis of cash flow variation: analysis of operating, investment and financing cashflows

4.3.- Analysis of the relationship between profit and loss, resources generated and operating cash flows.

5.- ANALYSIS OF CORPORATE PROFITABILITY

5.1.- Analysis of economic profitability

5.2.- Analysis of financial profitability

5.3.- Analysis of the relationship between economic profitability and financial profitability

The educational system implemented is based on continuous assessment, which requires progressive and continuous learning by the student - an aspect that confirms the importance of regular attendance at classes, in which questions that do not usually appear in the texts and manuals of the subjects are presented, and which enrich and complement them.

Similarly, carrying out the work in groups of students serves to put into practice the notions and contents that are being assimilated, to face the same difficulties faced by the analyst in his/her task (and to resolve dilemmas in order to be able to carry out the work), and to gain in the capacity to communicate rigorously to third parties the main aspects detected in the analysis of the entity's information.

• Sistema de Evaluación Continua
• Sistema de Evaluación Final
• Herramientas y porcentajes de calificación:
  • Prueba escrita a desarrollar (%): 50
  • Realización de prácticas (ejercicios, casos o problemas) (%): 50

Students will be assessed by means of tests and practical work (exercises, cases or problems).

The weight of each of the activities in the final grade is as follows: 50% tests and 50% practical work.

Students may waive the ordinary exam in accordance with the procedure and deadline established in Chapter II of the Regulations for the Assessment of Students in Official Degree Programmes.

Students who, in accordance with current regulations, do not participate in the continuous assessment system, will be able to demonstrate the achievement of knowledge and competences inherent to the subject through a single final exam that will comprise 100% of the mark for the subject.

Final test which will comprise 100% of the mark for the subject.

Students should consult the materials published by the group's teaching staff through E-gela during the academic year.

Bibliografía básica

Bibliografía básica



ANÁLISIS DE ESTADOS FINANCIEROS: TEORÍA Y PRÁCTICA. Muñoz Merchante, Ángel. Ediciones Académicas. 2ª



Edición.



ANÁLISIS DE ESTADOS FINANCIEROS: EJERCICIOS Y TEST. Muñoz Merchante, Ángel. Ediciones Académicas.



2011.ANÁLISIS DE LA EMPRESA A TRAVÉS DE SU INFORMACIÓN ECONÓMICO-FINANCIERA. Julián González



Pascual. Ed. Pirámide.



MEMENTO PRÁCTICO CONTABLE. Capítulo 22. "Análisis de Estados Contables." Ediciones Francis



Lefebvre.



PLAN GENERAL DE CONTABILIDAD, ICAC (Noviembre de 2007).

Direcciones web

Instituto de Contabilidad y Auditoría de Cuentas: http://www.icac.meh.es/
Registro mercantil central: http://www.rmc.es/
Comisión Nacional del Mercado de Valores http://www.cnmv.es/
Central de Balances del Banco de España: http://www.bde.es/bde/es/areas/cenbal/