Course Presentation
The goal of the course is to help students understand and apply tools and techniques to analyze financial statements of companies based on an integrated analysis methodology that takes into account the Brazilian business environment and strategy.

Learning objectives 
Upon successful conclusion of this course, students will be able to: 
Analyze and interpret the financial statements, aiming to extract information regarding the performance and the financial situation of companies.
Interpret an entity's economic and financial indicators and compare them with those of other companies or sectors.
Guide their decision-making process through the analysis of financial statements.

Resume Program 
1. INTRODUCTION TO FINANCIAL STATEMENT ANALYSIS
2. THEORETICAL AND PRACTICAL ASPECTS OF THE MAIN TECHNIQUES OF ANALYSIS OF FINANCIAL STATEMENTS
3. TOOLS AND TECHNIQUES FOR FINANCIAL STATEMENTS ANALYSIS

Program

1. INTRODUCTION TO FINANCIAL STATEMENTS ANALYSIS
1.1. Types of analysis
1.2. The role of financial information in the capital market
1.3. From financial statements to business analysis

2. THEORETICAL AND PRACTICAL ASPECTS OF THE MAIN TECHNIQUES OF ANALYSIS OF FINANCIAL STATEMENTS
2.1. Analysis of the statements (strategic, accounting and financial)
2.2. Analysis of the auditors' report and management reports
2.3. Accounting choices and effects on financial position and results

3. TOOLS AND TECHNIQUES FOR FINANCIAL STATEMENT ANALYSIS
3.1. Traditional analysis
3.1.1. Vertical and horizontal analysis
3.1.2. Analysis using key figures
3.1.2.1 Liquidity, solvency and capital structure
3.1.2.2 Profitability, margin and turnover
3.1.2.3 Average activity and terms
3.1.3. Working capital needs
3.1.4. Financial leverage
3.1.4.1. ROE - Return on equity
3.1.4.2. ROA - Return on assets
3.1.5. Du Pont Model (Integrated business performance evaluation model)
3.1.6 EVA