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DRPS : Course Catalogue : Business School : Common Courses (Management School)

Postgraduate Course: Financial Statement Analysis (CMSE11338)

Course Outline
SchoolBusiness School CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) AvailabilityNot available to visiting students
SCQF Credits15 ECTS Credits7.5
SummaryThe course starts by developing the participants understanding of International Financial Reporting Standards and their knowledge of financial ratios. The course then combines your understanding of these two areas and allows participants to complete a financial analysis of real world annual reports.
Course description Students will learn to extract information and meaning from IFRS compliant statutory financial statements. They will be able to calculate and use accounting ratios, extracting information to make forecasts and valuations. Students will be able to conduct a limited analysis of corporate strategy and link this to the company's financial performance. Students will also gain understanding of the limitations of financial statements and the methods for evaluating the quality of these statements.

Outline Content

- Understanding IFRS-based financial statements (Income Statement, Balance Sheet, Cash flow Statement, Other Statements)

- Conducting accounting analysis

- Analysis of financial statements using ratio Analysis

- Strategy analysis and forecasting

- Prospective analysis and valuation
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed:
Prohibited Combinations Other requirements For Business School Postgraduate students only.
Course Delivery Information
Academic year 2023/24, Not available to visiting students (SS1) Quota:  None
Course Start Semester 1
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 150 ( Seminar/Tutorial Hours 16, Summative Assessment Hours 2, Programme Level Learning and Teaching Hours 3, Directed Learning and Independent Learning Hours 129 )
Assessment (Further Info) Written Exam 100 %, Coursework 0 %, Practical Exam 0 %
Additional Information (Assessment) 100% Written Exam (Individual) - Assesses all course Learning Outcomes
Feedback Formative feedback: Feedback will be provided throughout the course.

Summative feedback: Feedback will be provided on the assessment within agreed deadlines.
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S1 (December)Financial Statement Analysis (CMSE11338)2:00
Learning Outcomes
On completion of this course, the student will be able to:
  1. Understand and critically evaluate the construction of corporate financial accounting statements.
  2. Critically analyse the financial performance of a corporate entity.
  3. Identify and justify causes that explain the changes in financial performance.
  4. Undertake analysis of corporate value and evaluation of company health and opportunity.
Reading List
Main Textbook:

Palepu K., P. Healy, and E. Peek, Business Analysis & Valuation: IFRS Standards edition, 6th edition. Publisher: Cengage Learning, ISBN: 9781473779099.

Supplementary Reading:

Peter Atrill & Eddie McLaney, Accounting and Finance for Non-Specialists, 10th edition. Publisher: Pearson, ISBN: 9781292135601.

S. Penman, Financial Statement Analysis and Security Valuation, 5th edition. Publisher: McGraw-Hill, ISBN: 9780071326407.
Additional Information
Graduate Attributes and Skills Cognitive Skills

After completing this course, students should be able to:

Be self-motivated; curious; show initiative; set, achieve and surpass goals; as well as demonstrating adaptability, capable of handling complexity and ambiguity, with a willingness to learn; as well as being able to demonstrate the use digital and other tools to carry out tasks effectively, productively, and with attention to quality.

Knowledge and Understanding

After completing this course, students should be able to:

Demonstrate a thorough knowledge and understanding of contemporary organisational disciplines; comprehend the role of business within the contemporary world; and critically evaluate and synthesise primary
and secondary research and sources of evidence in order to make, and present, well informed and transparent organisation-related decisions, which have a positive global impact.
KeywordsNot entered
Course organiserDr Rocky Wang
Course secretaryMiss Lindsay Hunter
Tel: (0131 6)50 3823
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