Public University of Navarre

Academic year: 2024/2025 | Previous academic years:  2023/2024  |  2022/2023  |  2021/2022  |  2020/2021 
Double Bachelor's degree in Management, Business Administration and Law (international program) at the Universidad Pública de Navarra
Course code: 177811 Subject title: FINANCIAL STATEMENT ANALYSIS
Credits: 6 Type of subject: Mandatory Year: 5 Period: 1º S
Department: Gestión de Empresas

Partes de este texto:


Module/Subject matter

Accounting / External accounting.



This course is offered once the student has achieved an intermediate level in financial accounting: recognition and valuation problems for different kinds of business transactions. The course is made up of two parts. The first one revolves about the content of the main financial statements (statement of financial position, income statement, statement of cash flows) and accompanying information. The second part deals with the profitability-risk methodology necessary to analyze the above information for decision making.


General proficiencies

Not applicable.


Specific proficiencies

Not applicable.


Learning outcomes

RA01: Identify relevant economic information sources for the company and their content.

RA03: Derive relevant information for the company from data that cannot be recognized by non-professionals.

RA12: Understand the information provided by cost systems and its usefulness for decision-making, as well as know its limitations.

RA18: Evaluate, based on relevant information records, the situation and foreseeable evolution of a company.

RA20: Plan, organize, and control global management projects or those of the different functional areas of the company.

RA21: Apply policies and practices aimed at improving the effectiveness and efficiency of business management.

RA22: Design, prepare, and interpret the different elements that make up the accounting systems used within organizations and be able to generate both internal and external accounting reports for the company.

RA26: Analyze and solve complex business management problems by applying the knowledge, skills, and competencies acquired.



Methodology-Activity Hours (Room) Hours (out of room)
A-1 Presentations 28  
A-2 Lab sessions 28  
A-4 Work in teams   30
A-6 Individual study and advance reading   58
A-7 Exams 04  
A-8 Office hours   02
Total 60 90



Learning Outcomes Assessment activity Weight (%) It allows test resit Minimum required grade
  Project: analysis of the consolidated statements of a real multinational group. Continuous assessment Active involvement in the sessions, oral presentations and cases. 30% No  
  Participation and activities 20% YES. Exam  
  Exams 50% YES. Exam 50%

Additionally, the following minimum requirements will be applied:

Final exam: for attendance, none. To pass the course, a minimum qualification will be set.

Recovery exam: To pass the course, the same requirements as for the final exam.



1. Overview of the financial reporting process

2. Statement of financial position

3. Income statement

4. Statement of cash flows

5. Other financial information and accounting problems

6. Overview of financial statement analysis and valuation

7. Profitability analysis

8. Risk analysis (I)

9. Risk analysis (II)



Access the bibliography that your professor has requested from the Library.

Kieso, E., Weygandt, Jerry J. and T.D. Warfield (2011). Intermediate Accounting. IFRS Edition. Volume 1. Wiley (ISBN 978-0-470-61630-7)

Kieso, E., Weygandt, Jerry J. and T.D. Warfield (2011). Intermediate Accounting. IFRS Edition. Volume 2. Wiley (ISBN 978-0-470-61631-4)

Easton, P.D., Halsey, R.F., Mcanally, M.L., Hartgraves, A.L. and Morse, W.J. (2015).Financial and Managerial Accounting for MBAs. Cambrigde

Roman L. Weil, Katherine Schipper, Jennifer Francis (2013) Financial Accounting: An Introduction to Concepts, Methods and Uses, 14th Edition. Cengage Learning

Palepu, K.G., Healy, P.M., Bernard, V.L. and Peek, E. (2019) Business analysis and valuation. IFRS edition. Thomson

Estados contables: elaboración, análisis e interpretación (séptima edición) (2022) Archel, Pablo; Carrasco, Fernando; Lizarraga, Fermín; Sánchez, Santiago y Cano, Manuel

Editorial Pirámide (2012)