Universidad de Jaén

Typology and content of the financial statements. Analysis of the information contained in the financial statements.

Chapter 1. The analysis of financial statements: concept, purpose and techniques .

1.1. Analysis of financial statements: Concept and purposes.

1.2. Aspects of the analysis of financial statements.

1.3. Accounting information. Conditions and limitations for the analysis.

1.4. Instruments and techniques applicable to the analysis of financial statements.

Chapter 2. Accounting statements I: The conceptual framework of Accounting.

2.1. Accounting Information requirements and principles.

2.2 Annual Accounts elements.

 2.3 Standards commonly applicable to the balance sheet, notes, the income statement, the statement of   changes in equity and the statement of cash flow.

2.4. Generally Accepted Accounting Principles.

2.5. Measurement Criteria.

Chapter 3. Financial statements II: The analysis of financial statements from the annual accounts .

3.1. Importance of the information collected in the different financial statements and in the Report.

3.2. The information contained in the Management Report and its usefulness for accounting analysis.

3.3. Functional arrangement of the Balance Sheet for accounting analysis.

3.4. Functional arrangement of the Income Statement for accounting analysis.

Chapter 4. Financial analysis I.

4.1. The financial analysis: aspects.

4.2. The financial balance of the company.

4.3. Long-term economic and financial structures.

4.4. Clarifications on the concepts: Solvency and guarantee.

4.5. The limits of indebtedness: Financial leverage.

Chapter 5. Financial analysis II.

5.1. Current investments of the company and its financing.

5.2. The turnover of current investments: the average collection period.

5.3. Determination of the optimal volume of current investment: the working capital.

5.4. The optimal economic and financial structures, in the short term.

Chapter 6. Financial Analysis III: The analysis of the Statement of Cash Flows

6.1. Treasury analysis.

6.2. The statement of cash flows in the Spanish General Accounting Plan (SGAP)

6.3. Interpretation of the statement of cash flows.

6.4. Comparison of the concepts: generated resources and cash flows.

6.5. Alternative indicators to the result and to the treasury.

Chapter 7. Economic analysis.

7.1. Economic analysis: Introduction.

7.2. Asset Profitability or Economic Profitability.

7.3. Ratios in the analysis of economic balance. 

7.4. Critical analysis: The usefulness of ratios in financial analysi.s

DETAILED INFORMATION:

•    The teaching of this subject has a double aspect, theoretical and practical, although both aspects will be addressed in an integrated way in the development of the classes.
•   In the first place, the fundamentals of the discipline will be explained, explaining the concepts that will be handled. Next, examples and simple exercises will be presented, in order to facilitate the understanding and learning of the subject by the students.
•     Student participation will be encouraged at all times, both for the resolution of doubts that may arise and for the formulation of questions raised by the topic to be discussed.

•   In addition to the examples and exercises proposed in the expository phase, practical cases will be carried out throughout the semester in which the previously explained tools will be progressively applied. Students must try their resolution individually in their study hours. The solution will be explained, commented and reasoned by the teaching staff, who will value the participation and critical spirit of the students. 
•     For the development of this methodology, the student will use the PLATEA platform of the UJA, in which the students will have at their disposal the documentation and the precise materials, both for their personal work and for learning the theoretical and practical contents. 
•   Through this platform, the following training activities can be carried out, among others:

•      Pre-session readings with teachers.
•      Online activities and tasks.

Students with special educational needs should contact the Student Attention Service (Servicio de Atención y Ayudas al Estudiante) in order to receive the appropriate academic support

The grading system will be governed by the provisions of RD 1125/2003 of September 5, which establishes the European credit system and the grading system in official university degrees.

ADDITIONAL INFORMATION ABOUT THE EVALUATION PROCEDURE:

Regarding the evaluation system, the following clarifications must be made:

1) Students who do not attend the theoretical-practical exam will not exhaust the call and will appear in the minutes with the qualification of "No Show".

2) To pass this final theoretical-practical exam, in each part (theory and practice) at least 30% of the score assigned must be achieved in order to be computed together with the other evaluation instruments.

3) The mark obtained in the class of practices and works will remain unchanged for the June and July calls, and there will be no possibility of recovering or increasing this mark by means other than those established by the teaching professors responsible for the subject.

4) In the case of carrying out practical work as part of the evaluation of the subject, the professor of the subject will designate the date for its presentation. This exhibition is mandatory to obtain the qualification corresponding to the work carried out.

Methodology:

 No changes from the original syllabus

  * Theoretical and practical classes:

 a) If the capacity of the classroom is sufficient for all the students in the group, there will be 100% attendance.

b) If the classroom capacity is not enough, the attendance will be partial and rotating, estimated between 25% to 50%, depending on the capacity of the classrooms in the established security conditions. In the non-contact weeks the teaching will be online.

c) Before the beginning of the academic year, the level of attendance and, the establishment of rotating shifts will be communicated to the students.

* Tutorials: request of the students by email, subject forum with classification of topics and exercises for specific questions, and by videoconference, by appointment.

Evaluation system:

In relation to not being able to establish a presentiality of 100% given the rules of hygienic-sanitary conditions on the day and time in which the exam is dated in the different calls of the academic year, we would apply the evaluation rules of the original guide.

In this case, replacing the final face-to-face exam with an online exam.

In this situation, the change in the evaluation system with respect to the original teaching guide will apply to both the ordinary call II and the extraordinary call II.

Resources and Infrastructures:

Telematics resources will be needed to follow teaching activities and conduct online assessments:

* The videoconference sessions will be carried out through Google Hangouts meet-uja

* PLATEA platform will be used. Thus, students must be registered.

* In the communications via email, the ICT accounts of the University of Jaén will be used .

Methodology:

 * Theoretical and practical classes: by videoconference (Google Hangouts meet-uja), respecting the schedule.

* Additional documentation of the subject available in virtual teaching: powerpoint documents; videos, containing the explanations corresponding to the theoretical contents; pdf files with topic summaries; exercises proposed and exercises with solutions developed.

* Tutorials: at the request of the students by email, subject forum with classification of topics and exercises for specific questions, and by videoconference, by appointment.

* Deliveries of exercises and other evaluation activities, in virtual teaching.

Evaluation system:

* The change in the evaluation system with respect to the original teaching guide will apply to both the ordinary call II and the extraordinary call II.

-Ordinary call II: continuous evaluation, as a generalized procedure, after the consultation and acceptance of the students, and the adaptation of the teaching methodology.

-Extraordinary call II: online exam, in which theoretical and practical contents will be evaluated, using test questions, short questions and practical exercises.

 Resources and Infrastructures: 

Telematics resources will be needed to follow teaching activities and conduct online assessments:

* The videoconference sessions will be carried out through Google Hangouts meet-uja

* In a complementary way, the Ilias platform will be used. Thus, students must be registered.

* In the communications via email, the ICT accounts of the University of Jaén will be used.

Institution in charge of data processing: Universidad de Jaén, Campus Las Lagunillas, s/n, 23071 Jaén

Data Protection Delegate: dpo@ujaen.es

Purpose: In accordance with the Universities Law and other national and regional regulations in force, carrying out exams and assessment tests corresponding to the courses students are registered in. In order to avoid frauds while sitting the exam, the exam will be answered using a videoconference system, being able the academic staff of the University of Jaén to compare and contrast the image of the person who is answering the exam with the student's photographic files. Likewise, in order to provide the exam with evidential content for revisions or claims, in accordance with current regulation frameworks, the exam will be recorded and stored.

Legitimacy: compliance with legal obligations (Universities Law) and other national and regional regulations currently in force.

Addressees: service providers who are the owners of the platforms where the exams are carried out and with whom the University of Jaén has signed the corresponding data access contracts.

Storage periods: those established in current in force regulations. In the specific case of exam videoconference recordings, not before the examination records and transcripts are closed or the exam can still be reviewed or challenged.

Rights: you can exercise your right of access, amendment, cancellation, opposition, suppression, limitation and portability by sending a letter to the postal or electronic address indicated above. In the event that you consider that your rights have been violated, you may submit a complaint to the Andalusian Council for Transparency and Data Protection www.ctpdandalucia.es

Person in charge: Universidad de Jaén, Paraje Las Lagunillas, s/n; Tel.953 212121; www.ujaen.es

Data protection delegate (DPO): TELEFÓNICA, S.A.U. ; Email: dpo@ujaen.es

Procedure aim: To manage proper recordings of teaching sessions with the aim of facilitating learning process under a multimodal and/or online teaching

Period for record storage: Images will be kept during legal term according to regulations in force

Legitimacy: Data will be managed according to legal regulations (Organic Law 6/2001, December 21, on Universities) and given consent provided by selecting corresponding box in legal admission documents

Data recipients (transfers or assignments): Any person allowed to get access to every teaching modality

Rights: You may exercise your rights of access, rectification, cancellation, portability, limitation of processing, deletion or, where appropriate, opposition. To exercise these rights, you must submit a written request to the Information, Registration and Electronic Administration Service of the University of Jaen at the address above, or by e-mail to the address above. You must specify which of these rights you are requesting to be satisfied and, at the same time, you must attach a photocopy of your ID card or equivalent identification document. In case you act through a representative, legal or voluntary, you must also provide a document that proves this representation and identification. Likewise, if you consider that your right to personal data protection has been violated, you may file a complaint with the Andalusian Data Protection and Transparency Council www.ctpdandalucia.es