GRA 6212 Financial Reporting and Analysis - RESIT EXAMINATION
GRA 6212 Financial Reporting and Analysis - RESIT EXAMINATION
This course belongs to the major in Business Law, Tax and Accounting and was last taught autumn 2017.
Financial statement analysis has proven to be useful in a wide range of business decisions. Equity analysts use it as a foundation for their projections of the earnings potential of a company. Credit analysts use it as a tool to determine whether loans should be granted or extended.
The corporate annual report is the primary document in financial statement analysis. However, corporate annual reports are only useful to those who can understand and interpret the messages conveyed. It is generally written for shareholders and other investors, although they are also required reading for lenders, banks and potential employees.
The objective of this course is to enable the student to comprehend and critically evaluate the financial information included in corporate annual reports. In this course the student will learn financial statement analysis from the point of view of the primary and everyday users of financial statements: company managers, lenders and stock analysts.
On successful completion of this module, students will be able to:
- Describe and explain the language, concepts and use of financial information included in corporate annual reports and other sources.
- Demonstrate a good understanding of the regulatory framework for the preparation and presentation of financial statements.
- Apply the skills necessary for the rearrangement of financial statements for analytical purposes
- Interpret and critically analyse corporate financial reports reflecting on the limitations of both published accounts and standard analytical techniques.
- Show an understanding of selected current issues in financial reporting and analysis.
- Prepare reports relating to financial statement analysis for potential investors
This course adopts a user’s perspective in reviewing accounting practices, procedures and disclosure requirements. We will not discuss the mechanics that the companies go through in preparing the information included in annual reports. Instead, we will examine where to find the information and what it indicates about the performance of the company.
- The Financial Statement Analysis Process
- The Corporate Annual Report
- The Financial Statement Analysis Report
- Some Important Financial Statement Analysis Issues
- Understanding the Income Statement, the Balance Sheet and the Cash Flow Statement
- Financial Reporting Quality Analysis
- Adjusting and Reorganizing Financial Statements
- Financial Statement Analysis of Past Performance
- Simple Forecasting
There will be a mixture of lectures and case presentations/discussions. At the start of the course the students will be allocated to teams consisting of 3-5 students. During the course the teams will be required to work with and to present case solutions.
For all students to obtain maximum benefit from this class it is essential that each student participates. Please check It's learning before the start of the course to get the schedule.
Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class that is not included on It's learning or text book.
All parts of the assessment must be passed in order to get a grade in the course.
All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.
| Assessments |
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Exam category: Submission Form of assessment: Written submission Weight: 30 Grouping: Group (1 - 3) Duration: 2 Week(s) Comment: Assignment (mid-term paper) Exam code: GRA62125 Grading scale: ECTS Resit: Examination every semester |
Exam category: Submission Form of assessment: Written submission Invigilation Weight: 70 Grouping: Individual Support materials:
Duration: 3 Hour(s) Comment: Written examination under supervision. Exam code: GRA62126 Grading scale: ECTS Resit: Examination every semester |
All exams must be passed to get a grade in this course.
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.