School of Management, Unit Catalogue 2011/12 |
|
 Credits:
| 6 |
| Level:
| Masters UG & PG (FHEQ level 7) |
| Period: |
Semester 2 |
| Assessment:
| CW 25%, EX 75% |
| Supplementary Assessment: | Like-for-like reassessment (where allowed by programme regulations) |
| Requisites:
| |
| Description:
| Aims: The aim is to review key topics in accounting for groups of companies and to develop a critical understanding of the role of accounting information in capital markets. Learning Outcomes: By the end of this unit students will be able to: * apply and critically evaluate alternative for accounting techniques for group financial statements, leases, cash flows, foreign currency and EPS * understand the relationship between accounting information and capital markets and discuss this relationship by reference to empirical evidence * apply residual income valuation models * work in teams * make intellectually coherent presentations. Skills: Intellectual Skills * the ability to appropriately apply a framework of rules, regulations and principles to financial information; TFA * the ability to interpret financial information; TFA * the ability to identify issues of controversy in financial accounting and reporting, and discuss them. TFA Professional Practical Skills * the ability to prepare financial reporting information in a form suitable for publication in compliance with regulatory requirements; TFA * the ability to analyse financial information and draw business-relevant conclusions; TFA * sensitivity to potential accounting issues deriving from future developments in business practice and transactions. FA Transferable/Key Skills * the ability to manipulate financial data to achieve a specified objective in accordance with rules, regulations and principles. TFA * awareness of ethical and accountability issues for corporate entities. FA Personal/Interpersonal * the ability to communicate relatively complex financial information in a form understandable to users of such information. FA Content: Consolidated Balance Sheet and Income Statement Associates & Joint Ventures Cash Flow Accounting Leases EPS and Equity Valuation Accounting concepts, decision usefulness and decision theory EMH, information perspective and market anomalies Measurement perspective and valuation models Earnings management. |
| Programme availability: |
MN50325 is a Designated Essential Unit on the following programmes:School of Management
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