Financial Accounting and Financial Analysis

2021/2022

Учебный год

ENG

Обучение ведется на английском языке

4

Кредиты

Кто читает:

Департамент финансов

Статус:

Курс по выбору

Когда читается:

1-й курс, 4 модуль

Преподаватель

Леевик Юлия Сергеевна

Course Syllabus

Abstract

The core objective of the course is to sensitize students to the international dimensions of accounting, financial reporting and financial analysis. The world in which they will pursue their professional careers is a world dominated by global business and investment decisions. As most of these decisions are premised on financial data, knowledge of financial accounting is crucial for achieving proper understanding of international business and financial communications. Accounting amounts may vary substantially according to the principles that govern them. Financial statements and other disclosures are impossible to understand without an awareness of the underlying accounting principles and business culture. It is also very important to be able to analyse and make decisions concerning profitability, operational and financial activity of a company on the base of financial statements.

Learning Objectives

• The aim of the course is to provide students with the basic theoretical knowledge and practical skills in financial accounting, reporting and analysis in accordance with International Financial Reporting Standards.

Expected Learning Outcomes

• Use strong analytical skills and apply them to solve practical problems.
• Have an idea about the place and the role of financial accounting in the system of management of the economic entity.
• Understand the conceptual framework of accounting and the purpose, structure and content of the financial reporting in the modern market economy.
• Understand the essence of accounting terms and to use them properly.
• Demonstrate an innovative, open and ethical mindset.
• Have basic practical skills in financial reporting and interpreting accounting information under International Financial Reporting Standards.

Course Contents

• Topic 1. Financial Statements and the Quality of Earnings
• Topic 2. Reporting and Interpreting Sales Revenue, Receivables, and Cash
• Topic 3. Reporting and Interpreting Cost of Goods Sold and Inventory
• Topic 4. Reporting and Interpreting Property, Plant, and Equipment; Intangibles
• Topic 6. Statement of Cash Flows

Assessment Elements

• In-class activities
  Individual, online in LMS, open book
• Midterm test
  Individual, online in LMS, open book
• Team project
  In small groups, online in LMS, open book
• Final exam
  The exam will be synchronously proctored via the «Examus» proctoring system (https://hse.student.examus.net). Examination Procedure with the Use of the Examus Service ∙ Install the Yandex.Browser or the Google Chrome web browser (https://www.google.com/chrome/); ∙ Using the Yandex.Browser or Google Chrome web browser, go to the following page: ∙ https://hse.student.examus.net and click on blue button ‘Сессия НИУ ВШЭ’, log in and have your e-mail account verified; ∙ On the examination day, at the appointed time (or 10 minutes before it), go to https://hse.student.examus.net and click on the name of the test you wish to take; ∙ Take a photo of your identification document and send it to the Proctor for verification; ∙ You can now start the exam; ∙ Upon the completion of the exam click on ‘End the Exam’ button; ∙ Close the Examus tab. and click on, log in and have your e-mail account verified; It is necessary to login 15 minutes before the exam is due to begin. Every student can test the «Examus» system here: https://student.examus.net/?sessionId=24799&serverOrigin=https://stage.examus.net/. Some basic information on proctoring: https://spb.hse.ru/mirror/pubs/share/367863268.pdf. Student’s computer should meet the following requirements: https://spb.hse.ru/mirror/pubs/share/367863268.pdf). To participate in the exam, student is obliged to: upload a profile photo, turn camera and microphone on, confirm the identity. During the exam it is forbidden to: communicate (in social networks, with people in the room), use written notes (in a notebook or on printed sheets), open pages in the Internet, use a mobile phone or other electronic devices other than a calculator for calculations. It is also forbidden to make phone calls or receive calls and perform other forms of communication. During the exam it is allowed to use a calculator that only has this function. If the internet communication interruption is up to 5 minutes, it will be regarded as a brief connection break. If the internet communication interruption is 5 minutes or more, it will be regarded as a longer connection break and will entail the exam cessation. The retake procedure is identical to the exam procedure.

Interim Assessment

• 2021/2022 4th module
  0.1 * In-class activities + 0.4 * Final exam + 0.2 * Midterm test + 0.3 * Team project

Bibliography

Recommended Core Bibliography

• Financial accounting, Libby, R., 2016
• Weygandt, J. J., Kieso, D. E., & Kimmel, P. D. (2017). Financial Accounting (Vol. Tenth edition). Hoboken, NJ: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1639274

Recommended Additional Bibliography

• BPP Learning Media. (2017). Foundations in Accountancy : F3/FFA Financial Accounting: Interactive Text: for Exams From 1 September 2017 to 31 August 2018 (Vol. Sixth edition). London: BPP Learning Media. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1522342