Financial Reporting and Analysis

Paper Code: 
24DATG611B
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to understand corporate financial statements, their analysis, interpretation and reporting along with the applicability of certain accounting standards

Course Outcomes: 

Course Outcomes (COs):                                          

 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24DATG

611B

Financial Reporting and Analysis

(Theory)

 

CO217: Demonstrate the understanding of financial reports

CO218: Analyse and interpret the financial statements including additional disclosure statements

CO219: Analyze the company’s financial statements using Ratio Analysis

CO220:  Examine various accounting standards and their uses alongwith a basic understanding of the issuing authority

CO221: Examine the emerging trends in reporting

CO222: Contribute effectively in course-specific interaction

 

Approach in teaching: Interactive Lectures, Discussions, Tutorials Problem solving sessions, Presentations.

 

Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions.

 

Continuous Assessment Test,

Semester end Examinations,

Quiz,

Solving Numerical problems, Assignments, Class Presentations, Individual & group projects.

 

12.00
Unit I: 
Basics of Financial Reporting, Financial Statements of Companies :

● Conceptual framework, features, purpose of financial reporting
● Users of financial reports
● Understanding financial statements of a Joint Stock Company
● Structure of Financial Statements: Introduction
● Statement of financial position (Balance Sheet)
● Statement of earnings (Income Statement)
● Statement of Cash Flows (Cash Flow Statement)

12.00
Unit II: 
Additional Disclosure Statements , Techniques of Analysis of Financial Statements:

Additional Disclosure Statements , Techniques of Analysis of Financial 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)

12.00
Unit III: 
Ratio Analysis:

● liquidity, Solvency, activity and profitability analysis,
● Du Pont Analysis, Leverage Ratio

12.00
Unit IV: 
Introduction of Accounting Standards:

● Uses, Issuing Authority, Applicability
● AS 5 Profit or loss for the period, prior period items
● AS 4 Events occurring after the balance sheet date
● AS 25 Interim Financial Reporting
● AS 29 Provisions, Contingent Liabilities and Contingent Assets

12.00
Unit V: 
Reporting & Ethics in Accounting:

● Analysis of financial statements (as per Ind AS)
● Ethics in Accounting
● Technology and Accounting

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.

References: 

SUGGESTED TEXT BOOKS:
● 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 REFRENCE BOOKS:
● Ahuja, N. Financial Accounting & Analysis. Taxman.
● Bhattacharya, A. K. Coporate Financial Reporting & Analysis. PHI India.
● Sharma, D. G. Financial Reporting. Taxman.

e-Resources
● https://resource.cdn.icai.org/66493bos53751-cp3-u2.pdf
● https://resource.cdn.icai.org/66638bos53803-cp1.pdf

Reference Journals:
● IUP Journal of Accounting Research

Academic Year: 
2024-2025
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