Another group who plays a role of Board of Management will provide a critique of the presenting group’s analysis, by respectfully commenting on the presentation made that[r]
(1)Financial Statement Analysis
January 2014
Instructor: Pham Thi Thuy
Email: phamthithuy3010@gmail.com Phone: 0904680719
Course Prerequisite(s): Accounting principles, Financial Accounting
Course Description
This course will examine how accounting information can be used to evaluate a firm The importance of economic conditions, accounting policy choice, and strategic management decisions for statement analysis will be considered The course will also explore the usefulness and limitations of public disclosure for decision-making Techniques for analysis and forecasting will be discussed as well as current research findings that impact on financial statement analysis
Course Objectives
After completing this course, if you have attended class regularly, read the assigned material, and applied the teaching presented in the course, you will be able to
Interpret and analyze financial statements
(2)Instructional Approach
The course will be based on lectures, case studies, group discussions and group projects
Please print out discussion files and bring them to all classes
Required and Recommended Texts and/or Materials
Financial statement analysis
K.R Subramanyam & John J.Wild, Mc GrawHill, 10th ed
Evaluation
Class participation & quizzes 10%
Group Assignment 25%
Mid Term 25%
Final Exam 40%
Participation& Quizzes
Class attendance is expected Keeping up with the preparation, in-class work, review and practice, and homework assignments are essential to your success in the course Students are expected to come to class having completed the assigned readings and prepared to discuss the in-class work Quizzes may be given at random during the term No Make-up Quizzes are available but the lowest mark from one of the quizzes will be dropped when making the final grade calculation The purposes of these Quizzes include:
o To engage active learning
o To ensure that each student comes to class prepared
(3)If absence is unavoidable, please make sure that you obtain any handouts and announcements you may have missed Being absent is not an acceptable reason to miss any requirement given in the class
Group Assignment
Groups will be assigned by the instructor Group assignment includes two components: Technical Presentation (20%) and Critique (5%)
Technical Presentation
Each group who plays a role of Financial Consultants will be asked to complete a project with a ‘real’ business to provide an evaluation of the company’s financial health along with value-added feedback Grading will be based on content and professionalism of the in-class presentation and interaction with the critique group, as well as quality of the presentation materials and any supporting documentation
Critique
Another group who plays a role of Board of Management will provide a critique of the presenting group’s analysis, by respectfully commenting on the presentation made that day and by asking questions of the presenting group The critique will be evaluated on evidence of active listening (relevant comments and questions on the presentation actually made) and quality of the questions, promoting a good discussion of financial statement analysis issues
After the exchange between the two groups giving the presentation and critique, the remainder of the class will be asked to contribute to the discussion, and this element will contribute toward individual participation grades
Mid term & Final exam
(4)Schedule
Session # Topic Chapter In-class Questions
1
Course Overview
Financial reporting & analysis
2
E2-3, E2-4, E2-7, E2-11, P2-14, P2-17
2 Balance Sheet 3,4 E3-12, P3-3, Case 3-3, case 3-4, E4-5,
P4-2, P4-3, P4-7, Case 4-2
3 Income Statement E6-4, P6-1, P6-2, P6-5, Case 6-1, Case
6-2
4 Statement of Cash Flows E7-2, E7-5, E7-6, E7-7, E7-9, 4,
P7-10, Case 7-2, Case 7-4
5 Statement of Cash Flows E7-2, E7-5, E7-6, E7-7, E7-9, 4,
P7-10, Case 7-2, Case 7-4
6 Basic Analysis E1-2, E1-4, E1-9, E1-11, E1-15, P1-2,
P1-12, Case 1-2
7 Mid term
8
Profitability Analysis
8
E1-7, P1-1, E8-6, E8-9, E8-10, 2, P8-3, P8-5, P8-7, Case 8-1, Case 8-2, Case 8-3, Case 8-4, Case 8-5
9
Profitability Analysis
8
E1-7, P1-1, E8-6, E8-9, E8-10, 2, P8-3, P8-5, P8-7, Case 8-1, Case 8-2, Case 8-3, Case 8-4, Case 8-5
10
Credit Analysis
10
E1-3, E1-5, E1-6, E1-10, P1-8, P1-9, case 1-3, P7-9, E10-1, E10-2, E10-3, E10-5, E10-6, 3, 4, 9, P10-13, P10-14, P10-16, Case 10-3
11
Credit Analysis
10
E1-3, E1-5, E1-6, E1-10, P1-8, P1-9, case 1-3, P7-9, E10-1, E10-2, E10-3, E10-5, E10-6, 3, 4, 9, P10-13, P10-14, P10-16, Case 10-3
12 Prospective Analysis E9-4, P9-1, P9-2, P9-3, P9-4, P9-5, Case
(5)13 Group Presentations
14 Group Presentations
15 Review P1-11, Case 1-4, Case 1-7,