Магистратура
2025/2026
Финансовый анализ и моделирование
Статус:
Курс обязательный (Финансы)
Кто читает:
Департамент финансов
Где читается:
Санкт-Петербургская школа экономики и менеджмента
Когда читается:
1-й курс, 2 модуль
Охват аудитории:
для своего кампуса
Преподаватели:
Чуракова Ийя Юрьевна
Язык:
английский
Кредиты:
3
Контактные часы:
32
Course Syllabus
Abstract
This discipline refers to a cycle of special disciplines and a block of disciplines that provide basic training.
The study of the discipline "Financial analysis" is based on the following disciplines: Economics of the enterprise; Company valuation Microeconomics; Accounting.
For the effective development of this academic discipline, students must have the following knowledge and competencies: know and understand the basics of the enterprise economy; have an idea about the management system at the enterprise; know the basics of business law; know the classification of costs and types of costing.
Learning Objectives
- Learn to make analysis of financial statements, make conclusions upon the financial performance and position of a company
- Analyze financial statements and financial reports of companies of different industries
- Learn how to analyze banking financial state
- Describe and explain essential principles of forecasting financial statements
- Learn how to build pro-forma statements
- Identify and apply various approaches to forecasting of financial statements
Expected Learning Outcomes
- Evaluate a company’s financial position by applying both conventional and contemporary analytical tools.
- Detect and interpret key financial strengths, vulnerabilities, and interrelationships that shape a company’s overall position.
- Develop predictive models to assess a company’s future financial stability and viability.
- Demonstrate comprehension of fundamental financial management techniques and core financial calculation methods.
- Recognise the significance of identifying fraud within financial statements and related documentation that impacts a company’s operations and reputation.
- Apply established fraud detection methodologies using financial statements, including Beneish’s M-score, Benford’s Law, and matched time-series analysis.
- Define the concept of a company’s financial health and identify its key constituent elements and indicators.
- Conduct a comprehensive assessment of a company’s financial health by selecting and implementing suitable analytical approaches.
- Explain the nature of financial risk and articulate its potential effects on a company’s business activities and strategic outcomes.
- Interpret and apply key audit evidence standards (ISA) when evaluating the reliability of financial data and supporting documentation during financial analysis.
- Master foundational algorithms for constructing and utilising financial distress prediction models, and demonstrate their practical application to real-world company performance data.
- Perform scenario analysis and stress testing to assess a company’s resilience under adverse economic conditions, aligning with ACCA’s emphasis on forward-looking risk assessment and prudent financial judgement.
Course Contents
- Topic 1. Analysis of the financial statements
- Topic 2. Predicting financial distress of companies:indicators and models
- Topic 3. Fraud detection methods
- Topic 4. Financial health of the Company
- Topic 5. Financial modelling
Assessment Elements
- Analysis of the financial statements
- Fraud detection methods
- Predicting financial distress of companies: indicators and models
- Financial health of the Company
Interim Assessment
- 2025/2026 2nd module0.1 * Analysis of the financial statements + 0.4 * Fraud detection methods + 0.1 * Predicting financial distress of companies: indicators and models + 0.4 * Financial health of the Company
Bibliography
Recommended Core Bibliography
- Financial Statement Fraud and Financial Stability. (2019). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.A19809A6
- Казакова Н.А., Дун И.Р., Бобкова М.П. - Financial analysis: collection of case studies - ИНФРА-М - 2018 - https://znanium.ru/catalog/product/972205 - 972205 - ZNANIUM
Recommended Additional Bibliography
- DeAngelo, H., DeAngelo, L., & Wruck, K. H. (2002). Asset liquidity, debt covenants, and managerial discretion in financial distress:*1: the collapse of L.A. Gear. Journal of Financial Economics, (1), 3. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.eee.jfinec.v64y2002i1p3.34