BE110-5-AP-KS:
Financial Reporting and Analysis

The details
2024/25
Essex Business School
Kaplan Singapore
Autumn & Spring
Undergraduate: Level 5
Current
Thursday 03 October 2024
Friday 21 March 2025
30
09 June 2023

 

Requisites for this module
(none)
(none)
(none)
(none)

 

BE120, BE130, BE132, BE142, BE329, BE936

Key module for

(none)

Module description

The module extends the financial accounting component of the first year accounting module, BE100, to the preparation and analysis of the published financial statements of limited companies operating on their own, or within group structures. The module is complete in itself, but is also intended to provide students with the conceptual knowledge and technical skills necessary for third year modules in financial accounting.

Module aims

The aims of this module are:



  • To foster in students an inquiring and critical attitude in respect of the subject of financial accounting.

  • To foster in students an inquiring and critical attitude in respect of the subject of financial accounting.

  • To broaden and deepen students' knowledge of certain topics in financial accounting.

  • To provide students with a sufficient background in financial accounting that they can assess and evaluate competing claims as to the appropriate treatment in respect of certain accounting issues discussed in the module.

  • To introduce students to work related learning (WRL) by providing them with opportunities to engage with accounting professionals in practice.

  • To provide students with a firm foundation for their third year studies in financial reporting. 

Module learning outcomes

By the end of this module, students will be expected to be able to:



  1. Understand and critical evaluate some of the key debates in modern financial reporting.

  2. Explain and critical evaluate the role of financial reporting in corporate governance.Prepare a set of published financial statements, including consolidated accounts, in accordance with the requirements of the regulators and specified accounting standards.

  3. Understand the practice of some accounting issues (e.g., preparation of the published annual report, accounting for taxes) in the real-world via engagement with accounting practitioners and use of real-life case studies.

  4. Apply theory and practice in evaluating the performance, prospects and reporting practices of companies using publicly available information and making recommendations for improvements. 


Skills for your professional life (Transferable Skills)


Specifically, the module seeks to support students to:



  1. Identify and critically evaluate key features and arguments covered in texts.

  2. Communicate effectively orally and in writing, in presentations and essays.

  3. Develop problem solving skills relating to financial accounting issues.

  4. Work effectively as part of a team (team working skills in developing a poster).

  5. Work under pressure independently and effectively to meet deadlines (time keeping skills).

  6. Gather, evaluate, structure and present information (poster session).

  7. Develop coherent and well-structured lines of argument supported by relevant analysis and concepts.


Module information

The content includes the regulation of financial reporting, the function and content of the main published statements, the problems posed by consolidated statements, the analysis of financial statements to assess company/group performance, and problems connected with the treatment of taxation, depreciation, and specific aspects of the asset-expense distinction.

Learning and teaching methods

This module will be delivered via:

  • One 2-hour lecture per week.
  • One 1-hour class per week.

Lectures

The lectures will explore the main areas and themes covered in the module. The workshops will be used flexibly depending on the topic covered in the lecture to elaborate or expand on the lecture material or to demonstrate the solution to problems or questions. The material covered in the classes will be drawn from a wide variety of sources such as textbooks, journal articles, learning materials for professional exams, past exam papers etc. As such, the class question for each week will be uploaded on Moodle the week before.

Classes

Students are expected to read the references in the reading list and prepare problems and exercises as specified in advance of the classes, so that they can take an active part in discussing the various issues that will be considered in the classes.

Bibliography

The above list is indicative of the essential reading for the course.
The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students.
Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Exam  Reassessment Main exam: Remote, Open Book, 180 minutes during September (Reassessment Period) 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
50% 50%

Reassessment

Coursework Exam
50% 50%
Module supervisor and teaching staff
Dr Kamran Malikov, email: kmalika@essex.ac.uk.
ebsugcol@essex.ac.uk

 

Availability
No
No
No

External examiner

No external examiner information available for this module.
Resources
Available via Moodle
No lecture recording information available for this module.

 

Further information
Essex Business School

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