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1. Course Description:

Accounting is the language of Business. Though the Financial Reports are primarily addressed to the owners of the business, it has multi user necessities. Over the years, the reporting requirements have undergone tremoundous change. The changes have been made primarily to protect the interest of the investors and to reflect the changed business environment. It not only provides significant information but also helps in the managerial decision-making process. The analysis of the statements helps a manager to reduce the possible errors and strengthen the decision making process. This course aims at making a student understand the concept of business and business entity, how to record the business decisions as financial transactions, prepare financial reports, interpret these reports and make use of the information gathered through these financial reports.

2. Student Learning Outcomes:

Be able to capture and convert the business decisions into accounting transactions

Be able to consolodate the accounting transactions and convert them into finaincial statements

Be able read, understand and interpret financial statements.

3. Required Text Books and Reading Materials:

Financial Accounting – A Managerial Perspective(e-book) by R. Narayanaswamy, Sixth Edition, PHI

Financial Accounting – Financial Accounting by Robert Libby, Patricia Libby, Frank Hodge , McGraw Hill Education ( India) Edition 2019

Financial Accounting for Management by Paresh Shah, OXFORD(Second Edition)

Hand outs & Cases

4. Tentative Session Plan:

Session Number	Topics/Activities	Reading/Case List, etc.
1.	Forms of Business Organization, Concept of Basic Accounting
2.	Financial Statements and Business Decisions, Accounting Equation, Financial Statements, Annual Report
3.	Financing Decisions and Balance Sheet: Debt financing, Classification of liabilities, Current liabilities, Long term liabilities, Stockholders’ Equity
4.	Investing Decisions and the Balance Sheet: What are long term assets, Accounting for Property, Plant, and Equipment, Accounting for intangible assets, Natural Resources, Revaluation of property	Exercise/Case Study
5.	Operating Decisions and the Income Statement Recognition and Measurement of Revenue, Expenses, Gross profit, Operating income, Net income, Individual items	Exercise/Case Study
6.	Cost of Goods Sold and Inventory: What is inventory, Accounting for inventory and cost of goods sold, Valuation of inventory and measurement of income	Exercise/Case Study
7.	Conversion of all the business decisions into accounting entries in the form of Journal, recording them in the ledgers, preparation of a Trial Balance, Preparation of the Income Statement & Balance Sheet	Exercise/Case Study
8.	Conversion of all the business decisions into accounting entries in the form of Journal, recording them in the ledgers, preparation of a Trial Balance, Preparation of the Income Statement & Balance Sheet	Class Room Exercises
9.	Revenue Recognition	Exercise/Case Study
10.	Accounting for PPE and Intangibles	Exercise/Case Study
11	Depreciation Accounting: What is depreciation, Methods of depreciation, Factors to consider while computing depreciation	Exercise/Case Study
12.	Concept of PBDIT, PBIT, PBT, Tax, PAT, Dividend Distribution & Tax, Retained Earnings, Concept of EPS & Diluted EPS	Annual report of companies; Class Room Exercise
13.	Accounting for Income tax	Annual report of companies; Class Room Exercise
14.	Statement of Cash Flows	Exercise/Case Study
15.	Statement of Cash Flows	Exercise/Case Study
16.	Analysing Financial Statements Liquidity Ratios	Exercise/Case Study
17.	Analysing Financial Statements Profitability Ratios	Exercise/Case Study
18.	Analysing Financial Statements Solvency Ratios	Exercise/Case Study
19.	Analysing Financial Statements Market Ratios	Exercise/Case Study
20.	Analysing Financial Statements Sectorwise Analysis	Exercise/Case Study

5. Evaluation: Weightage

1. Quiz: 30%

( Best 2 out of 3 quizzes)

2. Assignments & class Particiption: 20%

3. Mid-term Exam: 20%

4. End-term Exam: 30%

Total 100 marks

6. Academic Integrity:

As per Institute’s Norms

Created By: Alora Kar on 08/10/2020 at 04:14 PM
Category: MBA(Exe.)2020-21 T-I Doctype: Document