Course ID 17СА07
  • Finance and Banking
Number of classes 3+3
Semester 5
Status Core
The objective of the course is to acquire theoretical and practical knowledge of the form, content, creation of financial statements and their analysis, in order to make adequate business decisions.
Upon completion of this course, students will be able to:
• analyze and interpret the company's yield, property and financial position;
• assess credit rating and anticipate business failure of enterprises;
• understand the relevance of the information obtained from the analysis of the financial statements;
• apply the information from the analysis of the financial statements for management purposes.
Theoretical training
• The form and content of the financial statements;
• The link between balance sheet and profit and loss account;
• Methods of writing the profit and loss account;
• Classification and ordering positions in the balance sheet;
• Balance principles;
• Assessment of balance positions;
• Balance types;
• Latent reserves and hidden losses;
• The theory of financial statement analysis;
Practical training
• Vertical and horizontal analysis of financial statements;
• Analysis of the yield, property and financial position of the company;
• Assessment of credit rating and forecasting business failure of the company (the analysis is done on the example of a specific company).
Родић, Ј., Вукелић, Г., & Андрић, М. (2011). Анализа финансијских извештаја. Бечеј: Пролетер.

Pratt, J. (2011). Financial Accounting in an Economic Context. New Jersey: John Wiley & Sons.

Bergevin, P. M. (2002). Financial Statement Analysis, An Integrated Approach. New Jersey : Prentice Hall.
Lectures and practice classes with the active participation of students. Analysis of financial reports of specific companies, discussions, seminar papers.
Assessment (maximum number of points 100)
Exam Requirements 65 points Final exam 35 points
Attendance 5 Written exam 35
Ongoing assessment 40 Oral exam  
Class participation 10    
Case study 10    

Practice classes