Prerequisites for Module
None in addition to SCQF 11 entry requirement or equivalent.
Corequisite Modules
None.
Precluded Modules
None.
Aims of Module
To develop the ability to identify and evaluate the nature, context and format of the relevant financial information of companies and to analyse such information with respect to appropriate decision making.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
| 1. |
Critically evaluate the relevance of the information in the Income, Balance Sheet, Cash Flow Statements, Notes to the Financial Statements and Stock market data.
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| 2. |
Critically appraise the accounting approach to income and asset value measurement and evaluate the financial reporting environment.
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| 3. |
Identify and interpret the key drivers of Financial Statements, Share Prices of the Company.
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| 4. |
Understand and critically evaluate relevant techniques of analysis to the above Financial Information, noting their main sources in order to make key decisions
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Indicative Module Content
Structure and Content of Income, Balance Sheet and Cash Flow Statement, noting differnce of focus in operation of business income and asset measurement; the financial reporting environment, relevance of Profit Levels, Assets, Liabilities, Net Book Value and Cash Flows plus Balances to performance of business; Key Drivers of Revenues, Costs Expenses, Interest and Tax plus Fixes Assets, Net Current Assets and Long Term Debt plus Operational, Investment, Financing Cash Flows; Ratio and Dupont Analysis, Z Scores, Value Added and Sustainable Growth; Stock Market Data
| Indicative Student Workload
Contact Hours
| Full Time | Part Time | Lectures/Tutorial/Workshop
| 36 | 36 | Assessment
| 4 | 4 |
Directed Study
| | | Directed study
| 36 | 36 |
Private Study
| | | Private study
| 74 | 74 |
Mode of Delivery
The module will be delivered by formal lectures and tutorial exercises.
Assessment Plan
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Learning Outcomes Assessed
| | Component 1 | 1,2,3,4
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Final Written Examination
Indicative Bibliography
| 1. | ATRILL, P. and McLANEY, E., 2022. Financial accounting for decision makers.10th ed. Harlow: Pearson.
| | 2. | DYSON, J.R. and FRANKLIN, E., 2022. Accounting for non-accounting students. 12th ed. Harlow: Pearson.
| | 3. | ELLIOTT, J. and Elliott, B., 2022. Financial Accounting and Reporting. 12th ed. Harlow: Pearson.
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