Professional Documents
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Lucknow
Financial Statement Analysis and Security Valuation by Stephen H Penman, McGraw Hill
4th Edition-Special Indian edition (2014), Hereafter, this text book would be referred as
SHP.
25 Marks
35 Marks
20 Marks
10 Marks
10 Marks
100 Marks
Lecture Plan:
Session
#
Topic Topics to be
covered in the course
Assessment Criteria
1-2
BV Chapter # 1
(Page: 1-54)
3-4-5
SHP Chapter # 7, 8,
9
BV Chapter # 3
Case-2-Page: 105-107
6-7
SW Chapter # 6,
(Page 328-377)
BV Chapter # 4
Page 108-134
SW Chapter # 1&2,
and BV Chapter # 1
(page-1-30)
Case-1 BV Page-28
SHP Chapter # 10
(page-340-360)
SW Chapter # 7
Page (400-419)
9-10
SHP Chapter # 11
(Page 362-390)
BV Chapter #6
Page-141-151
SW Chapter # 9
Page 492-504
SHP Chapter # 14 &
15 (page 486-561)
12-13
Case 6: Vyaderm
Pharmaceuticals.
Exercise: valuation of Coca
Cola, Valuation of equity for
ONGC
14
SW Chapter # 3
(Page 136-193)
BV Chapter # 8 (190)
15-16
SW Chapter # 5
Case:8
Exercise at the end of the
Chapter 5 (SW)
5
Exercise at the end of Chapter 8
(BV)
17
BV Chapter #10
Page-215-249
18-19
SHP Chapter # 17
(Page-606-648)
BV Chapter # 11
Page-250-280
Case 9
Assignment #3
Spot the Red Flags in a Cash
Flow Statement: EDS and
Cerner Corporation (BV
page266-2670
SW Chapter # 4
BV Chapter # 9
Page-206-214
20
Class Participation
Class participation is an integral part of the learning experience. It is expected that every student will
be prepared for each class and be a willing participant in the discussions and case studies analysis.
Students will be given marks for responding to questions raised by other students and the instructor.
Marks are also given for giving insightful comments based on your reading, analysis and pre-class
preparation. General comments with few additional inputs will get very low scores. Consistent
participation is expected.
Homework Assignments
The primary objective of homework assignments is to help you review the lecture material before
attending class. A few assignments will follow class. Written assignments are declared in the class
as well as posted at Claroline. The assignments will be a combination of computational problems,
and short cases. Assignments will be graded based on your effort and your accuracy in completion.
There are four scheduled assignments in total; you are required to submit all of them. Students may
work on the home works in small groups (maximum of 3 students). In fact, I encourage students to
submit all assignments in handwritten format only.
DETAILS OF GROUP PROJECT
Financial Statements Analysis Project: This will be team-based effort. Each team will select three
well-known publicly traded companies, which are listed and traded either on the Indian stock market
5
(BSE, NSE) or USA Stock Exchange. You are expected to play as an expert analyst in the finance
world and contribute that knowledge to class discussion, which is an important component of your
class participation. You are also required to complete a written end-of semester team report that
analyses the companies financials, earnings quality, assets quality, liabilities position, operating
strategy and other relevant accounting and disclosure policies. As part of the report you will need to
follow what you learn in the course for analysing the financial statements and apply your expertise
in analysing the financial statement for investment decision making. Final submission will also
follow a brief oral presentation and via-voce for each group. The group member must have to identify
his/her own contribution in the group. The date for submission of project report will be given in due
course.