Elementary Financial Statement Analysis

SubjectElementary Financial Statement Analysis
Semester6th semester (spring)
Study programme:Business studies (undergraduate)
Primary language:Slovene
The course will be conducted in the Slovene language and is an optional course in accordance with an officially approved curriculum in the undergraduate study program of Business Studies. During the course, the student learns the basic information given by individual financial statements.
Prerequisites for inclusion in the course work
Students must understand the basic concepts of business and management of organizations as derived from secondary school curricula. The subject requires the use of basic mathematical techniques. Students must have sufficient knowledge of the Slovene language so that they can communicate with lecturers and students, follow the lecture and understand the study materials that will be provided during the course.

1. Present to students the importance of reading the financial statements;
2. Present the information provided by the income statement to students;
3. Present to students the information provided by the balance sheet;
4. Present to students the information provided by the cash flow statement.

1. Understanding the financial statements
2. Responsibilities for the financial statements
3. Understanding the income statement
4. Understanding the balance sheet
5. Understanding the cash flow statement
6. The ability of expert argumentation and decision-making

Learning outcomes
Acquire knowledge for practical use for easy reading of financial statements.

1. Understanding the financial statements
2. Responsibilities for the financial statements
3. Information on the profit and loss account
4. Balance sheet information
5. Information on the cash flow statement

Forms of work
• Teacher explanations
• Studying case studies
• Working in groups
• Individual case work
Methods (modes) of work
• explanation
• conversation / debate
• case study
Evaluation system and criteria
Knowledge testing consists of three elements: 1) Seminar work; 2) On-course work; 3) Exam. For a positive assessment, at least 50% of all points must be collected.
Learning and study material
  • Igličar Aleksander, Hočevar Marko: Računovodstvo za managerje, Gospodarski vestnik, 2011.
  • Selected chapters from current textbooks, scientific and professional contributions from renowned domestic and foreign journals and collections (will be listed promptly)
  • Material from lectures with basic content summaries and additional materials for exercises and discussion.
Recommended additional literature
  • Koletnik, Franc, Koželj, Stanko. Redni in posebni računovodski izkazi. 1. ponatis 1. izd. Ljubljana: Zveza računovodij, finančnikov in revizorjev Slovenije, 2007.
Office hours
  • After courses
  • By agreement


Horvat, Tatjana