FINANCIAL REPORTING AND ANALYSIS

Paper Code: 
ATG 116
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

 

               Course Outcomes

Learning and teaching strategies

Assessment Strategies

  
 

On completion of this course, the students will be able to:

CO27: Interpret and analyze financial statements.

CO28: Examine the various financial reports.

CO29: Analyze the company’s statements using Ratio Analysis and Cash Flows.

CO30: Analyze the accounting reports and records and implement the tools of analysis in solving finance problems.

CO31: Examine required accounting standards to fulfill their professional responsibilities. 

Class lectures

Seminars

Tutorials

Group discussions and Workshops

Question preparation

 

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

  
     
     
     

 

9.00
Unit I: 
Financial Structure and Reporting
  • Basics of Financial Reporting: Conceptual framework, features, purpose of financial reporting, users of financial reports
  • Understanding financial statements: Structure of Financial Statements: Introduction, statement of financial position(Balance Sheet), Statement of earnings (Income Statement) and Statement of Cash Flows (Cash Flow Statement)

 

9.00
Unit II: 
Disclosure, Analysis and Interpretation
  • Additional Disclosure Statements: Need for additional statements, Auditor’s report, director’s reports, electronic dissemination,  corporate governance
  • Analysis and interpretation of financial statements: Comparative and common size analysis (vertical and horizontal), financial statement variation by type of industry.

 

9.00
Unit III: 
Analysis and Interpretation, Introduction to Accounting Standards
  • Analysis and interpretation of financial statements: Ratio Analysis: liquidity, Solvency, activity and profitability analysis, Du Pont Analysis, Leverage Ratio
  • Introduction of Accounting Standards: Uses, Issuing Authority, Applicability

 

9.00
Unit IV: 
Accounting Standards
  • Accounting Standards relating to elements of financial statements
  • AS 2 Valuation of Inventories
  • AS 9 Revenue Recognition
  • AS 10 Property Plant and Equipment
  • AS 12 Accounting for Government grant

 

9.00
Unit V: 
Accounting Standards
  • Accounting Standards relating to reporting aspects
  • AS 1 Disclosure of Accounting Policies
  • AS 5 Profit or loss for the period, prior period items
  • AS 4 Events occurring after the balance sheet date
  • AS 20 Earnings Per share
  • AS 25 Interim Financial Reporting

 

Essential Readings: 

ESSENTIAL READINGS:

·          Dave, B. B. Financial Reporting. Vrinda Publication.

·          Lal, J. Financial Reporting & Analysis. Himalaya Publication.

·          Maheshwari, S. N. An Introduction of financial Reporting. Vikash Publishers.

·          Tulsian, P. C. Financial Reporting Concept & Framework. Sultan Chand & Sons.

 

SUGGESTED READINGS:

·             Ahuja, N. Financial Accounting & Analysis. Taxman.

·             Bhattacharya, A. K. Coporate Financial Reporting & Analysis. PHI India.

·             Sharma, D. G. Financial Reporting. Taxman.

References: 

e-RESOURCES:

 

JOURNALS:

  • IUP Journal of Accounting Research

 

Academic Year: 
2022-2023
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