Postgraduate Course: Analysis of Corporate Financial Information (CMSE11084)
||College||College of Arts, Humanities and Social Sciences
|Credit level (Normal year taken)||SCQF Level 11 (Postgraduate)
||Availability||Available to all students
|Summary||The course aims to allow participants to analyse financial statements of corporation from around the world and to show the links between accounting statements, valuation methods and investment analysis.
Participants will be comfortable reading financial statements, calculating and understanding accounting ratios, extracting information to make forecasts and valuations. Participants will also gain understanding of the limitations of financial statements and methods for evaluating the quality of these statements
- Financial Statements
- Income Statement
- Balance Sheet
- Cash flow Statement
- Other Statements
- Constructing the financial statements
- Basic accounting concepts
- Ratio Analysis
- The Financial Accounting Environment: Rationale, drivers and perspectives for financial accounting
- International financial accounting
- Current Topics in International Accounting Standards
Student Learning Experience
Learning will primarily be through reading, thinking, reflection, practical workshop activities and attending the pre-recorded lectures. Accounting and analysis concepts can take time and effort to assimilate and so students should expect to have to work hard. Supplementary exercises and solutions will be also provided for students to work through in their own time.
Entry Requirements (not applicable to Visiting Students)
||Other requirements|| For Business School PG students only, or by special permission of the School. Please contact the course secretary.
Information for Visiting Students
|Pre-requisites||Business School postgraduate students only.
|High Demand Course?
Course Delivery Information
|Academic year 2020/21, Available to all students (SV1)
|Learning and Teaching activities (Further Info)
Lecture Hours 20,
Seminar/Tutorial Hours 4,
Supervised Practical/Workshop/Studio Hours 30,
Feedback/Feedforward Hours 1,
Formative Assessment Hours 3,
Summative Assessment Hours 2,
Revision Session Hours 2,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
|Assessment (Further Info)
|Additional Information (Assessment)
||Assessment is based 100% on individual coursework:
Individual case study 1 (30%) (assess Learning Outcome 1)
Individual case study 2 (40%) (assess Learning Outcomes 1, 2, 3)
Individual essay (30%) (assess Learning Outcomes 3, 4)
||Students will receive feedback on their performance on workshop case study tasks and through regular testing during the period of the course.
|No Exam Information
On completion of this course, the student will be able to:
- Understand and critically evaluate the construction of corporate financial accounting statements
- Undertake analysis of corporate value and evaluation of company health and opportunity
- Explain and discuss value creation and the creation of residual income
- Critically evaluate current capital market research into accounting
|Indicative Reading List:|
Business Analysis and Valuation: IFRS Edition, 4th edition 2016, Krishna Palepu, Paul Healy & Erik Peek, Cengage Publishing
The Long and the Short of It: A Guide to Finance and Investment for Normally Intelligent People Who Aren't in the Industry, 2nd Edition, John Kay, 2016, Profile Publishing
An additional list of academic readings will be provided in class.
|Graduate Attributes and Skills
- The course will develop analytical, numerical and problem-solving skills.
Subject Specific Skill:
- Understand a set of financial statements.
|Additional Class Delivery Information
||The class will be taught in hybrid form consisting principally of a mix of multiple pre-recorded short lectures plus seminars and tutorials that may be taught online or, when conditions allow, face to face.
|Course organiser||Dr Tom Brown
Tel: (0131 6)50 8333
|Course secretary||Ms Rhiannon Pilkington
Tel: (0131 6)50 8072