AGRICULTURAL
UNIVERSITY OF ATHENS
Department of Agribusiness
& Supply Chain Management

5513 - Financial Statement Analysis

Content

  1. Review of basic principles of financial accounting.
  2. Understanding the purpose of financial statement analysis and contact with financial statement analysis methods.
  3. Horizontal analysis
  4. Vertical analysis
  5. Comparative analysis
  6. Examination of financial statements of companies using numerical indicators for the evaluation of (agricultural, rural or other) companies.
  7. Liquidity Ratios, Efficiency Ratios,
  8. Capital Structure and Sustainability Ratios, Investment Ratios
  9. Examination of the Cash Flow Statement by studying the indirect method of preparing Cash Flows from Operating Activities.
  10. Examination of the Cash Flow Statement by studying the direct method of preparing Cash Flows from Operating Activities.
  11. Free Net Cash Flows
  12. Equity,
  13. Forms of reserves.
    A combination of teaching and learning methods will be used with the aim of the active participation of students and the practical application of the thematic units under consideration: lectures using audio-visual media, analysis and discussion of case studies on real business issues, experiential (group) exercises, as well as presentation related videos. Also, the students will prepare individual or group work.
    In addition, articles, audio-visual material of lectures, web addresses, useful information, case studies and exercises for students' practice are posted in electronic form on eclass.

Learning results

The purpose of the course is:
The course is based on the material of the Accounting courses and focuses both on the practical familiarization of the students with the methods used to analyze and evaluate the financial situation and liquidity of an agricultural enterprise and on the way of raising funds in order to finance it. In this context, different forms of liquidity assessment are examined as well as possible sources of capital raising with a detailed discussion of their individual characteristics.
The discussion of the topics extends to the Analysis of Financial Statements and the Finance of Businesses by examining the methods used to evaluate the financial position of an agricultural business, its liquidity and the management of its capital.

Upon successful completion of the course, the student will be able to:

  • Uses the provided knowledge with critical thinking to select appropriate Financial Analysis methods for evaluating agricultural businesses.
  • Uses the techniques available in business finance in order to gather, analyze and interpret data related to the evaluation of the financial statements of an Agricultural Company
  • Knows the range of possible financing tools for an agricultural business and assesses the potential risks involved in each case.
  • Develops critical thinking for the collection and interpretation of financial data and the selection of appropriate analysis methods for assessing the financial requirements of agricultural enterprises.

Bibliography

Suggested Bibliography in Greek Language:
• Βασιλείου Δ., Ηρειώτης Ν., Μπάλιος Δ., 2019, « Αρχές Χρηματοοικονομικής Λογιστικής-Χρηματοοικονομική Ανάλυση και Λήψη Αποφάσεων», Εκδόσεις Rosili
• Damodaran A. 2014. “Εφαρμοσμένη Χρηματοοικονομική για Επιχειρήσεις”. (επιμ) Ε. Τσιριτάκης, Τ. Αγγελίδης, Α. Ζαπράνης. Nicosia, Cyprus: Broken Hill, Αθήνα: Εκδόσεις Πασχαλίδης.
• Αρτίκης Γ., 2013. “Χρηματοοικονομική Διοίκηση Ανάλυση και Προγραμματισμός”, Εκδόσεις ¨Νικητόπουλος Σαράντος και ΣΙΑ ΕΕ.
• Γαρεφαλλάκης Αλέξανδρος, “Αρχές Χρηματοοικονομικής Λογιστικής και Σύγχρονη Ανάλυση Λογιστικών Καταστάσεων”, Εκδόσεις ¨ΑΛΕΞΑΝΔΡΟΣ Σ. ΙΚΕ
• Subramanyam R.K., 2017, “Ανάλυση Χρηματοοικονομικών Αποφάσεων”, Εκδόσεις Πασχαλίδης
Suggested Bibliography in English Language:
Related academic Journals:

  • Accounting Organizations & Society (Rank: Association of Business Schools Journal List 4*)
  • Journal of Accounting & Economics (Rank: Association of Business Schools Journal List 4*)
  • Journal of Accounting Research (Rank: Association of Business Schools Journal List 4*)
  • The Accounting Review (Rank: Association of Business Schools Journal List 4*)
  • Contemporary Accounting Research (Rank: Association of Business Schools Journal List 4)
  • Review of Accounting Studies (Rank: Association of Business Schools Journal List 4)
  • Abacus (Rank: Association of Business Schools Journal List 3)
  • Accounting, Auditing & Accountability Journal (Rank: Association of Business Schools Journal List 3)
  • Accounting & Business Research (Rank: Association of Business Schools Journal List 3)

Faculty

Ώρες γραφείου / Ώρες υποδοχής φοιτητών/τριών : Τετάρτη 12:00-15:00 και Πέμπτη 11:00-13:00 (τηλ. 2262022569)
clallos@aua.gr
Christos Lallos is an Applications Lecturer at the Department of Agribusiness and Supply Chain […]
2262022569
kstoudas@aua.gr
Assistant Professor of Accounting / Financial Analysis in the Department of Agricultural Business Management […]

NEWSLETTER

The Department was created in 2019 (article 20, Law 4589/2019) and is an evolution of the Supply Systems Management Department (D.S.E.). Housed in a 770 sq.m. building. within a plot with a total area of 8,000 sq.m. in facilities with extensive research and teaching spaces.
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