Close
FR-R10
(PGDM-RM 2010-12 : Term-I)
FINANCIAL REPORTING
Faculty : Prof. P. K. Mohanty
Course Outline
Credit: 1.5
Objective of the Course
In this modern world, we cannot think of running a business without accounting methodology. We all use accounting information in one form or other in our day to day life. Accounting helps us in understanding the economic performance of the business. The objective of this course is to help you understand how businesses work and the underlying business transactions. It will help you to know how they create accounting information and how decision makers both inside and outside the company use this information. This course will help you develop an understanding of accounting principles, conventions and the financial statements.
Session Plan
Session 1
: Introduction, What is Accounting?, Forms of Business Organisation, Users of Accounting Information
Readings :
R.Narayanaswamy-Ch.1 page 1-15; Asish K. Bhattacharyya-Ch.1 Page 9-11
Session 2:
Assumptions underlying preparation of Financial statements, Accounting Equation and Financial Statements
Readings :
R.Narayanaswamy-Ch.1 page 16-34; Asish K.Bhattacharya- Ch.2 page 20-23
Session 3:
The Balance Sheet: Current assets, Long-term assets, Current liabilities, Long-term liabilities and Stockholders’ equity
Readings :
R. Narayanaswamy- Ch-2 page 62-66; Asish K. Bhattacharya- Ch.2 Page28-38; Stice and Stice- page 123-133
Session 4:
The Income Statement: Gross profit, Operating income, Net income, Individual items
Readings :
R.Narayanaswamy-Ch. 3 page114-119; Asish K.Bhattacharya - Ch.3 page 54-63, Stice and Stice- page 177, Annual reports of Companies
Session 5:
Fixed Assets and Depreciation Accounting
Readings:
R.Narayanaswamy- Ch.8 page 350-394
Session 6:
Effect of Business Transactions on the financial statements, Measuring Business Income and Preparation of financial statements
Session 7:
---DO---
Session 8:
----DO---
Session 9:
---DO---
Session 10:
----DO---
Readings for session 6,7,8,9 &10:
R.Narayanaswamy- Exercises at end of Ch.2, 3 & 4,
Business Decision Cases at page 103, 104,141; Annual Reports of Companies
Evaluation:
1. Quiz : 20 marks
2. End-term Exam. 30 marks
-----------------
Total 50 marks
==========
Books for Reference:
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. Hand outs
Created By:
Hemanta Ranjan Deo
on
06/11/2010
at
02:35 PM
Category
:
PGPRM - I
Doctype
:
Document
...........................