Financial Statements: Theory, Practice and Critique

Module code: MN7540

Module co-ordinator: Dr Kenneth Weir

Module Outline

This module will enable you to become familiar with the key financial reporting documents, the information they contain and the potential users and uses of that information. It will teach you how to analyse the information within financial reports, appreciate the economic and behavioural implications of accounting decisions and policy choices and reflect upon the issues associated with accounting, particularly with respect to contemporary issues surrounding communication, agency and control.

Topics

  • Quantitative data analysis 
  • The relationship between quantitative and qualitative information 
  • Financial statements
  • Financial reporting
  • Balance sheets
  • Profit and loss accounts
  • Cash flow statements
  • Financial forecasting
  • Ratio Analysis

Learning

113 hours of guided independent study

Assessment

Two-hour exam (100%)