Department of Finance

Dr. Margarita Mejia Likosova

Address:

School of Business and Economics

Nauklerstraße 47

72074 Tübingen

Room: 318
Phone: +49 (0) 7071 - 29 - 78171
E-Mail: margarita.mejia-likosovaspam prevention@uni-tuebingen.de
Office hours: upon appointment

Academic career

Since 2017Postdoc researcher at the School of Business and Economics, University of Tübingen
2016Postdoc researcher at the program Teach[at]Tuebingen, University of Tübingen
2015Postdoc research fellow at the Business School, University of Umea (Sweden)
2014Postdoc research fellow at the Business School, University of Vaasa (Finland)
2008 - 2014PhD in Entrepreneurship and Management, Autonomous University of Barcelona (Spain)
2006 - 2008Master in Administrative Engineering, National University (Colombia)
2000 - 2004Bachelor in Administrative Engineering, National University (Colombia)

Current Teaching

B402 Financial Statement Analysis

Lecturer:Dr. Margarita Mejia Likosova
Language:English
Recommended for:

1st year M.Sc

Course type and number of hours:2 hours lecture
ECTS credits:6 ECTS
Type of exam:Assignments and written exam
Time and place:

Lecture: Wednesday, 12:15 PM – 13:45 PM

Goals:

The aim of this course is to prepare students to be able to understand, analyse and interpret the financial statements of the companies (balance sheet, profit and loss statement, annual report, statement of changes in equity and statement of cash flows) in order to make intelligent investment decisions.

Content:

The course of financial statement analysis starts introducing the need for reporting of financial information and integrating the agency problem, the users, sources and limitations of financial information, the basic analysis tools (percentages, variation rates and ratios), and the role of IFRS and consolidated accounts. This introduction is followed by a comprehensive study and interpretation of the main financial statements (balance sheet, profit and loss statement, annual report, statement of changes in equity and cash flow statement). The course concludes with the analysis of the financial position of a firm (liquidity, solvency, financial equilibrium and self-financing), the management of current capital (working capital, funding needs, operating cycle and cash conversion cycle) and the firm’s profitability (ROA, ROE and ROI).

Literature:

· Gibson, Ch. (2013) Financial Statement Analysis, 13th Edition. Mason.

· Fridson, M. and Alvarez, F. (2011) Financial Statement Analysis: A Practitioner's Guide, 4th Edition. Wiley.

· Ross, S. A., Westerfield, R. W. and Jaffe, J. (2010) Corporate finance, 9th Edition. McGraw-Hill.