The main aim of this module is:- To make students aware of the information content of annual reports;- To enable students to analyse and interpret the financial information contained in the annual reports and to improve their decision making capabilities;
Regulatory and legislative context of financial statements
Regulation of accounting by the accounting bodies;Irish and UK legislative framework.
Conceptual, theoretical and corporate governance issues
ASB statement of principles; positive accounting theory;Corporate governance in Ireland and the UK;International Accounting standards.
The content of financial statements
Narrative reports; directors’ report; auditors’ report; operating and financial review; financial statements; income statements; statements of financial position; cash flow statements; statements of total recognised gains and losses.
Analysis of financial statements
Fundamental analysis; activity ratios; liquidity ratios; gearing ratios; profitability and investment ratios.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 100 |