Objectives

• Master the mechanics of financial accounting
• Understand the structure, functions, and interrelation of the basic financial statements (balance sheet, income statement, and cash flow statement)
• Be able to perform a structured fundamental analysis of financial statements in order to assess a firm’s profitability, liquidity, and solvency
• Be familiar with the IFRS rules governing the recognition and measurement of key activities, events and transactions, including intangible assets, property, plant and equipment, liabilities, and shareholders’ equity; and mergers and acquisitions

Contents

This class covers following topics which will complemented by problem sets, case studies and practical examples in MS Excel. The class spans over 14 sessions.

1. Balance Sheet, Income Statement
2. Cash Flow Statement
3. Receivables, Inventories, Long Term Assets
4. Understanding Financial Statements, Ratio Analysis
5. Financial Assets, M&A
6. Liabilities, Equity
7. Taxes, Revision
8. Time Value of Money, Forecasting
9. Role of Accounting in Firm Value
10. M&A in Action
11. Earnings Manipulation

References

Course packet will be provided in Moodle. Each Session will have Readings, Videos, and PowerPoints, as needed.
There is no need to purchase an extra textbook.
Optional readings will also be provided in the course package.

Pre-requisites

This class is targeted to students having little, if any, background in financial accounting.

Evaluation

First attempt

Exam:

Written 2h00 hours

Documentation:

Allowed

Calculator:

Allowed

Evaluation:

Your grade for this class will be based on an exam (100%). It will be a 2h digital exam on MoodleExam with your own laptop on the campus.

Retake

Exam:

Written 2h00 hours

Documentation:

Allowed

Calculator:

Allowed

Evaluation:

Written exam, 2 hours, 100% of your grade.