Unit name | Financial Reporting and Analysis |
---|---|
Unit code | EFIMM0030 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
Unit director | Mr. Thomas |
Open unit status | Not open |
Pre-requisites |
None |
Co-requisites |
None |
School/department | School of Accounting and Finance - Business School |
Faculty | Faculty of Social Sciences and Law |
This unit builds strong links between accounting and finance through helping students to understand the preparation and articulation of the main financial statements and to use the data therein for financial analysis and valuation models. The unit starts with the main concepts of accounting measurement and then goes on to illustrate these with a variety of important financial reporting issues, including principles of consolidation. The unit then introduces basic financial analysis techniques and prediction models based on financial statement data. Finally, the unit provides an introduction to various valuation models, including practical examples of how to apply and assess such models.
As a result of taking this course, the student should be able to:
A1. Describe the accounting environment (aims of accounting, users of financial reporting, regulations, and qualitative characteristics of accounting information);
A2. Find, select, organise, adjust relevant financial and non-financial data for a company;
A3. Use Financial analysis tools through applying ratio analysis;
A4. Use comprehensive range of security valuation techniques; and
A5. Critically evaluate the usefulness of financial and non-financial information in the valuation of securities
In congruence with the teaching and learning strategy of the UOB, the following set of tools are used:
This module includes both formative (including case-studies and problem-solving) and summative (course-work) assessments. The summative assignment is a written report prepared in a team (30% of the final mark), and a two-hour exam in January (70% of the final mark) assessments.
The formative assessment aims to prepare students for the examination.
The first summative assessment “the written report” tests Learning Outcomes A.2, A.3 and a part of A.4
The second summative assessment “the final written examination” tests the other Learning Outcomes.
The written final exam will include both essay and numeric questions.
The unit will provide readings from various sources for each main section. These will be drawn from text books and academic and professional journal articles. The following text-books will cover most of the essential reading materials: