Financial Accounting
People
Course director
Description
The course reviews the following main topics:
• Introduction to Financial Accounting
• Measuring Income to Assess Performance
• Recording Transactions and Accrual Accounting
• Statement of Cash Flow
• Accounting for Inventories and Long-lived assets
• Accounting for Liabilities (Bonds and Leases)
• Analysis of the Financial Statements (DuPont framework)
• Intercorporate Investments, M&A's and Consolidation
• Quality of the Financial Statements (Forensic accounting)
Objectives
The main objective of the course is to teach students to read, understand and analyze the financial statements.
Prerequisites
Students are expected to know accounting terminology and basic financial accounting concepts and tools.
Teaching mode
In presence
Learning methods
Formal lectures, practical exercises and case discussions
Examination information
30% homework
70% written exam
Bibliography
- Philbrick, Horngren, Sundem, Elliott. Introduction to Financial Accounting. 11th edition. Upper Saddle River, NJ: Pearson Education: Pearson Prentice Hall, 2013.
- Short, Libby and Libby. Financial Accounting. 8th Edition. New York, NY: McGraw‑Hill Education: McGrawHill, 2014.
- Penman, Stephen H.. Financial Statement Analysis and Security Valuation. 5th Edition. New York, NY: McGraw‑Hill Education: McGrawHill, 2012.
Education
- Master of Science in Economics in Finance, Lecture, 1st year
