The importance of the financial statement as a tool for controlling business variables: an introduction.
Analysis of the general postulates and the particular valuation criteria.
The financial statement in accordance with the Italian Civil Code and Legislative Decree No. 139/2015.
Tangible, intangible, and financial fixed assets.
Credit rating.
Inventories.
Securities and financial assets that do not constitute immobilization.
The reclassification of financial statements and ratio analysis.
The concept of economic capital.
Company valuation methods including Methods based on market value (Equity approach to valuation; Entity approach to valuation).
Multiples based on capitalization (Price Earnings Ratio, Price to Cash Earnings, Price to Sales, Price to Book Value).
Multiples based on the company's value.
Cash flow discounting-based methods.
Dividend discount methods (Gordon and Shapiro Formula).
The interest rate (the risk-free rate; cost of equity: beta and risk premium; the marketability discount; the specific company risk).
The Weighted Average Cost of Capital (WACC).
Extraordinary corporate transactions.
