Session 1: Financial Statements (1): Statement of Financial Position and Profit and Loss Account 1. International standards reporting regulation 2. Statement of Financial Position 3. Profit and Loss Account 4. Common size and trend analysis Session 2: Creative accounting 2.1. Introduction 2.2. Methods 2.3. Detection 2.4. Consequences Session 3: Strategy analysis 3.1. Environment analysis 3.2. Industry analysis 3.3. Corporate strategy analysis Session 4: Analysing Profitability 4.1. Introduction 4.2. Financial and Economic performance 4.3. Analysing margins Session 5: Analysing Solvency and market performance 5.1. Introduction 5.2. Solvency ratios 5.3. Market ratios Session 6: Analysing Efficiency and liquidity ratios 6.1. Introduction 6.2. Efficiency ratios 6.3. Liquidity ratios and Cash flow statement Session 7: Firm Valuation 7.1. Introduction 7.2. Prospective analysis: forecasting 7.3. Valuation using multiples 7.4. Discounted cash flows model Session 8: Sector Analysis 8.1. Introduction 8.2. Cluster analysis 8.3. Cases Session 9: Bankruptcy Prediction 9.1. Introduction 9.2. Discriminant analysis 9.3. Multi-discriminant analysis 9.4. Logit Analysis