SVKM’s NMIMS ASMSOC – Course Outline
Course
Code
Course
Title
Course
Instructor/s
Course
Credit
Program
and
Semester
PreRequisite
Learning
Objectives
Global Investment Performance Standards and Financial Reporting
Prof. Jagabandhu Padhy
4
S.Y.B.Sc. (Finance)
Semester: VI
i) Intermediate knowledge of IFRS provisions related to Presentation
of Financial Statement, Inventories, Property, Plant and Equipment,
Intangible Assets, Accounting for Financial Assets and Liabilities.
ii)Intermediate knowledge of performance measurement of equity
and debt investments
PLO 2a –Analysis and interpretation of the data which is used in
Decision Making
PLO 2b- Demonstrate the ability to develop models / frameworks to
reflect critically on specific business contexts
PLO4a-Creating Social Sensitivity Among Students
PLO4b- Develop Ethical Practices and Imbibe Values for Better
Corporate Governance
PLO5a - Giving an Insight into Global Environment and its
Impact on Business
Learning
Outcomes
1. To hypothesize from various stakeholders’ perspective, the
importance of GIPS and IFRS on General Purpose Financial
Statements and Specific Financial and Analytical Reporting.
2. Students should be able to integrate the impact of GIPS and
IFRS on various Financial Statements and analyse the financial
statements with respect to the same
3. Develop basic understanding of the impact of Global
Investment Performance Standards (GIPS) and International
Financial Reporting Standards (IFRS) on various general
purpose financial statements and special purpose financial
reporting; especially from the perspective and angle of
various stakeholders.
4. Demonstrate the influence and effect of GIPS and IFRS on
various Financial Statements and Reports and also learn how
to analyse the same from Investor’s point of view.
Course
Description
Evaluation
Pattern
This course aims to catalyse the students to create financial
statements in compliance with Financial Reporting Standards and
also measure the performance of Investments in line with GIPS
Specific
%
AOL
Intended CLOs
Assessment
Weightage Instrume to be Assessed
Methods /
nts
Task
Class Test
(4th week of
February)
Mid Term
(29th to 31st
March)
Project and
Presentation
(Throughout
semester)
Term End
Exam
Course Session Plan
Session
1 to 12
13 to 24
CL
O1
CL
O2
CL
O3
CL
O4
15%
(15 marks)
Quiz
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20%
(20 marks)
Test
🗸
🗸
🗸
🗸
15%
(15 marks)
Group
Acivity
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🗸
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50%
(50 marks)
Test
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Modules
a. Introduction to GIPS – Structure
b. Fundamentals of compliance - Calculation of
methodology - Composite construction
c. Presentation & reporting requirements
Chapters (Mention Page
Numbers) / Articles / Cases
/ Material and Activities
G.I.P.S.-2020 Handbook by
Institute of CFA of USA.
PPT, Case Study, Presentation
Learning Outcome: Students will be able to
understand GIPS principles and learn to
calculate returns of composites as per
standards and evaluate performance of
portfolios using GIPS
a. GIPS Valuation principles
G.I.P.S.-2020 Handbook by
b. GIPS Advertising guidelines
Institute of CFA of USA.
c. Verification report
PPT, Case Study, Presentation
Learning Outcome: Students will be able to
understand
principles
and
and
apply
GIPS
learn
the
valuation
advertising
guidelines to ensure its compliance.
25 to 36
IAS 33: Earnings per share
IAS 23: Borrowing Costs
Learning Outcome: Students will be able to
calculate, understand and interpret types of
EPS and capitalization of Borrowing Cost
and use the analysis for decision making
Wiley’s IFRS Practical Guide
and Workbook Abbas Ali Mirza
Magnus Orrell Graham J. Holt
Pg. 339 to 354 and Pg. 191 to
198
Class
Discussion,
Case
Studies, Practical Problems
Practical Guide to IFRS by
Kamal Garg. Bharat Law House
Publication
Chapter 7,8,11,28
37 to 48
IAS 12: Income Taxes
IFRS 8: Segment Reporting
IAS 37: Provisions, Contingent Liabilities and
Contingent Assets
IAS 10: Events after Reporting Period
Learning Outcome: Students will be able to
calculate, understand and interpret impact of
tax expense reporting on financial results.
They will be able to differentiate between
provisions,
contingent
liabilities
and
contingent assets and understand their Class
Discussion,
Case
reporting.
Studies, Practical Problems
49 to 54
Accounting Treatment of ESOP, Share Based
Compensation – Fair Value
Learning Outcome: Students will be able to
calculate, understand and interpret various
types of share based payments.
55 to 60
Reading
List and
References
Practical Guide to IFRS by
Kamal Garg. Bharat Law House
Publication
Chapter 34
Class
Discussion,
Case
Studies, Practical Problems
Implications of Low quality financial reporting
Wiley’s IFRS Practical Guide
Learning Outcome: Students will be able to and Workbook Abbas Ali Mirza
analyse difference between high quality and Magnus Orrell Graham J. Holt
low quality reporting and understand Pg no. 1 to 16
consequences of low quality reporting
Class
Discussion,
Case
Studies, Practical Problems
Text Books: (Latest Edition)
1. Wiley’s IFRS Practical Guide and Workbook Abbas Ali Mirza Magnus Orrell
Graham J. Holt 2021 (3rd Edition)
2. IFRSs Simplified - Prof. T.P.Ghosh 2021 (2nd Edition)
3. Practical Guide to IFRS by Kamal Garg. Bharat Law House Publication. 2021
(7th Edition)
Reference Books: (Latest Edition)
1. Taxmann’s Students Guide to Ind AS by DS Rawat, 9th edition, 2022
2. G.I.P.S. Handbook by Institute of CFA of USA.
Prepared by Faculty
Members
Prof. Jagabandhu Padhy
Approved by I/C Dean –
ASM SOC
Approved by Program
Chairperson
Dr. Kushagra Goel
Approved by Associate
Deans
Dr. Akshay Damani
Mrs. Sangita Kher