Professional Documents
Culture Documents
Making
2
Grading
• Class Participation / Assignments (30%)
– Qualitative
– Interactive
3
Course Outline & Calendar
Session Detail
1 Introduction
2 Understanding Costs, Expenses, & Financial Management
3 Understanding Financial Statements and Role of Revenue
4 Cost - Volume - Profit Analysis
5 Tactical Decision Making & Relevant Costing
6-7 Capital Budgeting – I & II
8 Transfer Pricing & Responsibility Accounting
9 Fiscal Planning, Budgeting, Control & Variance Analysis
10 Internal Control & Internal Auditing
11 Performance Measures & The Balanced Scorecard
12 Accounting Conventions regarding IAS, IFRS, GAAP, and Compliance
13 Activity Based Costing
14 Service Department Cost Allocations
15 - 28 Cases
4
Ammar Textiles
The Transfer Pricing Problem
5
Zulsham Engineering
Cost Volume Profit Analysis
6
Dell Computers
Working Capital Management
7
The Dublin Shirt Company
Cost Allocations and Pricing
8
The IBETO Group
Accounting & ERP Systems
9
The Chase Manhattan Bank
Accounting & Compliance
11
Analysis of Financial
Statements
For: IBA Academic Committee
13
Course Content
Overview of Financial Statement Analysis
Review and understanding of Financial Statements
Objectives of Financial Statement Analysis
Sources of Financial Information
Sources of Financial Statements; Role of IFRS & GAAP
Detailed class practice of financial statement preparation
Challenges in Interpreting financial statements
Assessing quality of Financial Statements, Red Flags & Warnings
Annual Report Analysis
What are Annual Reports
Annual Report diagnosis; Regulatory framework; Chairman’s review
Auditor Report, Director’s report, Measurement, Notes to Accounts
Income Statement Analysis
IS - Revenue recognition, income taxes, deferred taxes,
IS - Extraordinary items, effect of change in accounting principles
14
Course Content (Continued)
Balance Sheet Analysis
BS - Consolidated statements, Reserves, commitments
BS - Contingencies, Changes in equity
Statement of Cash Flows
SCF - Review of Cash Flows and importance of Cash Flows
SCF - Detailed Analysis of Statement of Cash Flows
Analysis of Liquidity, Solvency, Profitability & Growth
Liquidity, Profitability, Solvency & Growth
Investor, Institutional Investors & Government
Presentations and Analysis of Financial Statements
Student presentations of financial statements of Pakistani Corporations
15
Grading
• Class Participation / Assignments (30%)
– Qualitative
– Interactive
16
Class Participation & Term Project
The Presenter / Group Class
• Corporate Executive
1 seeking funding Investors
• Investment Advisor Or
2 approaching Client
17
Class Participation & Term Project
C
L
A
Attack Them!
S
S 1. Select Annual Report of any public (i.e. shares traded on
I KSE) company during FY’s 2010 – 2011
P N 2. Prepare a detailed analysis of the company for presentation
A V in class. You must pick a company that you would invest in
R E and prepare an overall analysis of why you would invest in
T S that corporation for a minimum of 3 – 5 years.
I T
C 3. Multidimensional Analysis
O • Industry Analysis
I R
P S
• Potential for future growth and success
A • Liquidity
T • Risk & Reward
I • Competitor Analysis
O 4. If possible interview top management or executives of that
N
corporation (optional but likely to enhance your score)
5. Present & defend conclusions in class + written term report
18
Class Participation & Term Project