FR-P12

FR-P12
PGDm 2012-14: Term-I

Course Name: Financial Reporting

Credits	1.5
Faculty Name	S. K. Padhi
Program	PGDM-BM
Academic Year and Term	2012-13, Term-I

1. Course Description

The objective of this course is to enable the students to understand the language of business called accounting. Reported financial statements consist of three components: Balance Sheet, Income Statement and Cash Flow Statement. Through this course, the students will be able to understand how these statements are being prepared, their significance in the context of different business decisions and future business planning.

2. Student Learning Outcomes (typically 3-5 bullet points)

· Be able to understand what is reported financial statements of a company

· Be able to capture business transactions and classify them into income, expenditure, liabilities & assets

· Be able to understand the link between a managerial decision and corresponding financial implication

· Be able to get into a position to read into the reported financial statements of a company

3. Required Text Books and Reading Material

1. Financial Accounting – A Managerial Perspective by R. Narayanaswamy
2. Financial Accounting by Ashok Banerjee
3. Financial Accounting for Business Managers by Asish K. Bhattacharya
4. Financial Accounting for Management by Ambrish Gupta
5. Financial Accounting –Reporting and Analysis by Stice and Stice
6. Class Notes

4. Tentative Session Plan

Session Number Topics/Activities Reading / case list etc.

1 Information asymmetry and users of financial reports Class note

2 What is Accounting and its significance in business environment, Forms of Business Organization Book

3 GAAP: Concepts, Conventions, Assumptions, Accounting Equation: Tool to understand business decisions Book

4 The Income Statement: Gross profit, Operating income, Net income, Individual items Class note, exercise

5 The Income Statement: Gross profit, Operating income, Net income, Individual items Company’s financial statement

6 Balance Sheet – assets & liabilities Company’s financial statement

7 Owners capital, borrowed capital & short term liabilities Class note, exercise

8 Long term assets, investments & current assets Class note, exercise and selected exercise from published financial reports

9 Effect of Business Transactions on the financial statements, Measuring Business Income and Preparation of financial statements Analysis of company’s financial statement

10 Introduction to Cash Flow Statement (Financing Decisions / Investment Decisions / Operating Decisions ) Analysis of company’s financial statement

5. Evaluation

1. Quizzes : 40%

2. Group Work : 20%

3. End-term : 40%

Created By: Debasis Mohanty on 06/19/2012 at 03:39 PM
Category: PGDM-I Doctype: Document

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Session Number	Topics/Activities	Reading / case list etc.
1	Information asymmetry and users of financial reports	Class note
2	What is Accounting and its significance in business environment, Forms of Business Organization	Book
3	GAAP: Concepts, Conventions, Assumptions, Accounting Equation: Tool to understand business decisions	Book
4	The Income Statement: Gross profit, Operating income, Net income, Individual items	Class note, exercise
5	The Income Statement: Gross profit, Operating income, Net income, Individual items	Company’s financial statement
6	Balance Sheet – assets & liabilities	Company’s financial statement
7	Owners capital, borrowed capital & short term liabilities	Class note, exercise
8	Long term assets, investments & current assets	Class note, exercise and selected exercise from published financial reports
9	Effect of Business Transactions on the financial statements, Measuring Business Income and Preparation of financial statements	Analysis of company’s financial statement
10	Introduction to Cash Flow Statement (Financing Decisions / Investment Decisions / Operating Decisions )	Analysis of company’s financial statement