Module Aims: - To make learners aware of the information content of annual reports; - To enable learners to analyze 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
IASB statement of principles; positive accounting theory;Corporate governance in Ireland and the UK;
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.
Learning and teaching will take place through the use of lectures, presentations and problem solving exercises in the module. In addition to using text based material, students will be expected to make extensive use of relevant websites, external online audio and video resources referred throughout the course.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 100 |