Annual Financial Statement Analysis & Reorganization Needs

1.Semester Master: 1. Study cycle

The students:
• are able to independently calculate and interpret relevant key figures from the analysis of annual financial state-ments
• know which key figures from the analysis of annual financial statements are relevant for the early detection of an earnings crisis
• know different crisis phase models and possible classifications of corporate crises
• know the difference between performance-based and financial early warning indicators or can independently formu-late these depending on the project
• can develop a strategic early warning system

1.Semester: no information

I. The term crisis and the analysis via key figures

1. The recognition of a crisis
• financial accounting and annual financial statements
• performance and control variables
• reorganization and over-indebtedness audit
• crisis stages and reorganization expert opinions

2. "Crisis cockpit" and crisis indicators
• Capital structure, asset and earnings analysis
• Financial ratios with adjusted data
• Financial and performance crisis indicators
• Case study: Early Crisis Detection

II. Strategic early warning systems
• Recognizing a strategic crisis
• Group discussion: Development of solution proposals

Coenenberg, A. G., Haller, A. & Schultze, W. (2018) Jahresabschluss und Jahresabschlussanalyse: Betriebswirtschaftliche, handelsrechtliche, steuerrechtliche und internationale Grundlagen - HGB, IAS/IFRS, US-GAAP, DRS, Stuttgart.
Egger, A. & Bertl, R. (2018) Der Jahresabschluss nach dem Unternehmensgesetzbuch, Band 1: Der Einzelabschluss. Erstellung, Prüfung, Veröffentlichung, Wien.
Exler, M. & Situm, M. (Hrsg.) (2019) Restrukturierungs- Turnaround-Management, Berlin.
Exler, M. (2015) Controllingorientiertes Finanz- und Rechnungswesen, 2. Auflage, Herne.
Crone, A. & Werner, H. (Hrsg.) (2014) Modernes Sanierungsmanagement, München.
Evertz, D. & Krystek, U. (Hrsg.) (2010) Restrukturierung und Sanierung von Unternehmen, Stuttgart.
Hohberger, S. & Damlachi, H. (Hrsg.) (2019) Praxishandbuch Sanierung im Mittelstand, Wiesbaden.

• Module exam (Modern Entrepreneur & Leadership, Annual Financial Statement Analysis & Reorganization Needs, Start-up Strategies)

German

3

0

1.5

• The course, which is mostly dialog-oriented, usually consists of the triad of practical relevance, academic structuring, and the independent development of integrative case studies from immediate professional and consulting practice.

1

Director of studies

2

integrated lecture

Compulsory

none