Master
2020/2021
Financial Reporting and Analysis
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Type:
Compulsory course (Financial Analyst)
Area of studies:
Finance and Credit
Delivered by:
HSE Banking Institute
Where:
HSE Banking Institute
When:
1 year, 1 module
Mode of studies:
offline
Instructors:
Natalia Tsangl
Master’s programme:
Financial Analyst
Language:
English
ECTS credits:
3
Contact hours:
40
Course Syllabus
Abstract
The course consists of three mains blocks: financial accounting, reporting and analysis. Within the ‘Financial accounting’, students get acquainted with the conceptual framework and main principles of accounting. At the stage of the ‘Reporting’, students learn financial reports’ types and structure. The ‘Analysis’ forms the ability of students to perform a comprehensive analysis of a company’s financial standing.
Learning Objectives
- The objective of this course is to form students’ theoretical knowledge and practical skills related to methodology and process of financial reporting and analysis’ organization in a company, to usage intelligently of financial data for compilation of financial reports as well as for sound decision making based on a company’s financial analysis. The course is focused on both international and Russian standards of accounting and analysis.
Expected Learning Outcomes
- Learning of subject, objects, fundamentals and purpose of financial reporting and analysis;
- Getting acquainted with main requirements with regards to financial reporting organization;
- Getting knowledge on economic nature of accounts, composition and structure of financial reporting;
- Getting acquainted with a company’s reporting types, principles of its constitution;
- Being able to analyze the main data and elements of financial reporting aimed at the assessment of a company’s financial performance, health (profit decomposition, impact of financial leverage, sustainable growth, creating shareholder value) and of its market steadiness and investment attractiveness, maintenance of financial stability.
Course Contents
- Subject, goals, principles of financial reporting in accordance with different accounting systems (RAS, IFRS), balance and operations of a company (both banks and non-banks institutions).
- Accounting of principal business’ operations of a company.
- Accounting of operations related to a company’s investment and economic activity.
- Financial reporting.
- Financial analysis of a company.
- Case study «Assessment of the financial health and performance of a company».
Assessment Elements
- tasks solving meeting the deadline
- students’ activity in business games, discussions
- exam
Interim Assessment
- Interim assessment (1 module)0.55 * exam + 0.2 * students’ activity in business games, discussions + 0.25 * tasks solving meeting the deadline
Bibliography
Recommended Core Bibliography
- International financial reporting and analysis, Alexander, D., 2014
Recommended Additional Bibliography
- Mohanram, P., Saiy, S., & Vyas, D. (2018). Fundamental analysis of banks: the use of financial statement information to screen winners from losers. Review of Accounting Studies, 23(1), 200–233. https://doi.org/10.1007/s11142-017-9430-2
- Robinson, T. R., & CFA Institute. (2012). International Financial Statement Analysis Workbook (Vol. Second edition). Hoboken, N.J.: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=946117