Undergraduate Course: Financial Statement Analysis (ACCN10023)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Course type | Standard |
Availability | Available to all students |
| Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) |
Credits | 20 |
| Home subject area | Accounting |
Other subject area | None |
| Course website |
None |
Taught in Gaelic? | No |
| Course description | Foundational concepts: pertinent theoretical issues relating to financial analysis including market structure, information asymmetry, corporate strategy, behavioural finance, efficient markets hypothesis, portfolio theory. Strategies employed by the investment profession, financial statements and financial statement analysis as rhetorical constructions.
Model use and development: critical appraisal of value and risk modelling techniques, developing "what-if?" accounting models. Acquisition and construction of information: performance and state ratios, use of conventional and novel accounting-based performance metrics.
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Information for Visiting Students
| Pre-requisites | None |
| Displayed in Visiting Students Prospectus? | Yes |
Course Delivery Information
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| Delivery period: 2011/12 Semester 1, Available to all students (SV1)
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WebCT enabled: Yes |
Quota: None |
| Location |
Activity |
Description |
Weeks |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
| Central | Lecture | | 1-5, 7-11 | | | 11:10 - 13:00 | | |
| First Class |
Week 1, Wednesday, 11:10 - 13:00, Zone: Central. Seminar Room 5, Chrystal Macmillan Building |
| Exam Information |
| Exam Diet |
Paper Name |
Hours:Minutes |
|
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| Main Exam Diet S2 (April/May) | Financial Statement Analysis | 2:00 | | |
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| Delivery period: 2011/12 Semester 1, Part-year visiting students only (VV1)
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WebCT enabled: No |
Quota: None |
| Location |
Activity |
Description |
Weeks |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
| Central | Lecture | | 1-5, 7-11 | | | 11:10 - 13:00 | | |
| First Class |
Week 1, Wednesday, 11:10 - 13:00, Zone: Central. Seminar Room 5, Chrystal Macmillan Building |
| No Exam Information |
Summary of Intended Learning Outcomes
Subject specific skills: development of a critical approach to the consumption of financial accounting and to the construction of financial statement analyses, the application of rhetorical techniques by corporate management in their presentation of financial accounting. The use of a variety of model types in analysis and the further development of models. Articulation of the forms of information required and the development of appropriate novel metrics. On completion of this course students should be able to conduct useful financial statement analysis.
Knowledge and Understanding: on completion of this course students will understand the theoretical underpinnings of the subject area but will also gain an appreciation of the principal theoretical inconsistencies that arise. They will also develop an understanding of the political nature of accounting information generation and interpretation. Working in groups, students will undertake several analyses themselves which they will present to their peers and to the course instructor and will gain a practice based understanding of the analysis process.
Cognitive Skills: students will develop critical and reflective understanding of the analysis of accounting narrative and will also develop skills in model design. Students will also be required to assimilate the, sometimes paradoxical, theories of different theoretical schools.
Key skills: critical analysis, model development, rhetorical analysis, an understanding of the impact of strategic decision making on financial accounting outcomes, the role of novel information in the investment/disinvestment decision.
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Assessment Information
The course will be assessed by means of a group presentation of a group-work analysis case counting for 30% of the overall marks awarded. For the final examination (70%) students will be examined on an individual basis (based on a case study).
Visiting Student Variant Assessment:
The course will be assessed by means of a group presentation of a group-work analysis case counting for 30% of the overall marks awarded and an individual case study of approximately 2,500 words will account for the remaining 70%. |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | FSA |
Contacts
| Course organiser | Mr Gavin Kretzschmar
Tel: (0131 6)50 2448
Email: Gavin.Kretzschmar@ed.ac.uk |
Course secretary | Ms Ruth Winkle
Tel: (0131 6)50 8335
Email: Ruth.Winkle@ed.ac.uk |
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© Copyright 2011 The University of Edinburgh - 16 January 2012 5:32 am
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