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