EXC 3452 Financial Reporting and Analysis

EXC 3452 Financial Reporting and Analysis

Course code: 
EXC 3452
Department: 
Accounting, Auditing and Business Analytics
Credits: 
7.5
Course coordinator: 
Ignacio Garcia de Olalla Lopez
Product category: 
Bachelor
Portfolio: 
Bachelor - Core Courses
Semester: 
2019 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

The course is intended to give the student a thorough understanding of accounting from an international perspective. The course is intended for students with little or no previous knowledge of financial accounting.

Learning outcomes - Knowledge

After finishing the course, the student should have:

  • Learned how the conceptual framework of the International Financial Reporting Standards influences how financial reports are produced,
  • Acquired understanding of how financial reporting is used in decision-making processes.
  • Learned the relative importance of financial reporting at macro level.
Learning outcomes - Skills

After finishing the course, the student should be able to:

  • Use acquired knowledge to  produce financial reports at company and group level using IFRS
  • Use the financial information in performing analyses of financial reports.
  • Understand the concept of fair presentation and its importance for decision-making.
General Competence

The student should, after finishing the course, be able to:

  • Discuss and reflect on how IFRS influences financial reporting
  • Be able to give constructive feedback on own work and the work of others.
Course content
  • The concept of double-entry bookkeeping
  • Purpose and uses of accounting
  • Fundamentals of recording financial data
  • Concepts of accounting
  • Regulation of accounting
  • International differences and harmonization
  • The contents of financial statements
  • Financial statement analysis
  • Recognition and measurement of the elements of financial statements
  • Tangible and intangible fixed assets
  • Inventories
  • Financial assets, liabilities and equity
Teaching and learning activities

The lectures given will support the learning process, but the students are personally responsible for their own learning and must expect an extensive workload outside the lecture room in order to achieve the learning outcome outlined above.

In order to be well prepared for the examination students are expected to solve exercises both individually and in groups.

The use of computer-based tools is an important part of meeting the necessary overall goal of the course. Through learning supplementary material, the students will practice accounting as part of the course.

Software tools
No specified computer-based tools are required.
Additional information

.

Qualifications

Higher Education Entrance Qualification.

Required prerequisite knowledge

No previous knowledge in accounting is required.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
EXC34521
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
25No5 Week(s)Group/Individual (1 - 3)
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
EXC34522
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
75Yes4 Hour(s)
  • All printed and handwritten support materials
  • BI-approved exam calculator
  • Simple calculator
  • Bilingual dictionary
Individual
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:25
Invigilation:No
Grouping (size):Group/Individual (1-3)
Support materials:
Duration:5 Week(s)
Comment:
Exam code:EXC34521
Grading scale:ECTS
Resit:Examination every semester
Exam category:Submission
Form of assessment:Written submission
Weight:75
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • All printed and handwritten support materials
  • BI-approved exam calculator
  • Simple calculator
  • Bilingual dictionary
Duration:4 Hour(s)
Comment:
Exam code:EXC34522
Grading scale:ECTS
Resit:Examination every semester
Type of Assessment: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching45Hour(s)
Group work / Assignments130Hour(s)
Examination25Hour(s)Exam incl. preparations.
Expected student effort:
Workload activity:Teaching
Duration:45 Hour(s)
Comment:
Workload activity:Group work / Assignments
Duration:130 Hour(s)
Comment:
Workload activity:Examination
Duration:25 Hour(s)
Comment:Exam incl. preparations.
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.