This course discusses basic concepts of financial accounting and reporting. The viewpoint is that of readers of financial reports rather than the accountants who prepare them. COURSE OBJECTIVES This course is designed with the following objectives: (i) Help the participants to become intelligent users of accounting information (a) Understand the basic accounting and financial terminology. (b) Understand how events affect firm value (c) Understand how financial transactions are recorded. (d) Make the participants’ comfortable looking through financial statements (ii) Develop the ability in participants’ to use financial statements to assess a company’s performance INTENDED AUDIENCE: Students, employees, entrepreneurs (The course will apply to participants various disciplines like Engineering, Sciences, Management, Commerce, Arts, Humanities, Heath, Medicine).PREREQUISITES:Nil.
Week 1: Introduction and Scope of Accounting Financial Statements Balance Sheet 1 Balance Sheet 2 Balance Sheet 3 Week 2: Balance Sheet 4 Balance Sheet 5 Profit and Loss Account 1 Profit and Loss Account 2 Profit and Loss Account 3
Week 3: Depreciation 1 Depreciation 2 Inventory Valuation Cash Flow Statement 1 Cash Flow Statement 2 Week 4: Cash Flow Statement 3 Cash Flow Statement 4 Cash Flow Statement 5 Corporate Governance Corporate Governance: Global Models Week 5: Corporate Governance: Enron Case Accounting Standards and Principles Evolution of Accounting Recording of Financial Transactions Zee Case: Profit & Loss and Balance Sheet
Week 6: Zee Case: Balance Sheet Hindalco Case: Profit & Loss and Balance Sheet Hindalco Case: Balance Sheet and Cash Flow Statement Interpretation and Analysis of Financial Statements Ratio Analysis and Interpretation 1 Week 7: Ratio Analysis and Interpretation 2 Interpretation and Analysis of Financial Statements: Shipping Corp. of India 1 Interpretation and Analysis of Financial Statements: Shipping Corp. of India 2 Interpretation and Analysis of Financial Statements: Shipping Corp. of India 3 Interpretation and Analysis of Financial Statements: Shipping Corp. of India 4
Week 8: Financial Statement Analysis: TCS Case 1 Financial Statement Analysis: TCS Case 2 Financial Statement Analysis: RIL Case 1 Financial Statement Analysis: RIL Case 2 Revision of Course