IMBA 2010 – FINANCIAL ACCOUNTING & ANALYSIS
Prof. Marco Trombetta
REVISED PROGRAM (22nd of December 2009)
The class schedule should follow this plan. This is just a framework that will establish the order
of the course. However adjustments and changes are possible and, if necessary, will be
announced in class.
Session
Subject and material
Session 1
Introduction to the course
Introduction to financial statements
Session 2
Revision of double entry
Session 3
Accounting decisions
Accounting at MacCloud
Winery
(HBS 9-105-081)
Session 4
Time value of money
The basics of valuation
Ch12, p475-481 only!
Session 5
Capital markets and accounting
Palepu, Healy & Bernard Ch.1
Session 6
Chapter 6 “Reporting and Interpreting Sales
Revenue, Receivables, and Cash”
Session 7
Chapter 7 “Reporting and Interpreting Cost of
Goods Sold and Inventory”
Exercises:
“Accounting for a business
project”
“How much is an MBA
worth?”
Case: The role of Capital
Market Intermediaries in the
Dot-Com Crash of 2000 (from
Palepu, Healy and Bernad
ch.1)
E6-3, E6-8, E6-13, E6-20,
P6-6
Case: CP6-4
E7-5, E7-9, P7-6, P7-7,
Case: CP7-5
Session 8
Chapter 12 “Reporting and Interpreting
Investments in Other Corporations”
(pp.602-614 only)
Marketable securities
Session 9
Chapter 8 “Reporting and Interpreting Property,
Plant, and Equipment; Natural Resources and
Intangibles”
Depreciation
Session 10
&11
Chapter 8 “Reporting and Interpreting Property,
Plant, and Equipment; Natural Resources and
Intangibles”
Session problems and
cases
Luca’s book selling business
(Case developed in class. No
need of previous reading)
Marvin Company
America On Line 1996-1997
P12-1, P12-2, P12-3
Case:
CP-12-2
E8-7, E8-11, P8-5
Cases:
Multimedia case Depreciation
(CF2/104-I-M).
Delta and Singapore Airlines
(A) (HBS 9-198-001).
E8-12, P8-10
Case: CP8-10
Impairment & Intangibles
Session 11 12
Chapter 9 “Reporting and Interpreting Liabilities”
E9-1, P9-2
P.C.: Delta and Singapore
Airlines (B) (HBS 9-198-002)
Session 12 13
Chapter 10: “Reporting and Interpreting Bonds”
E10-9, P10-4, P10-12
Cases:
Session 13 14
Chapter 11 “Reporting and Interpreting Owners’
Equity”
Session 14 15
Ethics Politics and Accounting
Hand-in of the group project (PDA case)
Session 15 16
Chapter 12 “Reporting and Interpreting
Investments in Other Corporations”
Equity method
Session 16 17
Chapter 12 “Reporting and Interpreting
Investments in Other Corporations”
Consolidation
Session 17
Session 18
Financial Statement Analysis & Valuation (I)
Percentage & Ratio analysis
Financial Statement Analysis & Valuation (II)
Session 19
Session 20
Review and catch up
FINAL EXAM
Multimedia case Bonds (CF1104-I-M)
CP10-6
E11-2, E11-3, E11-13, P11-9,
P11-10
Case:
CP11-3
Accounting Fraud at World Com
(HBS 9-104-071)
E12-7, P12-6
Case:
CP12-4
P12-8, P12-10
CP-12-6, CP12-7
E14-3, P14-5
AP14-7 (We will analyze
DELL as fully as possible.
You are recommended to
look for Dell’s annual report
on the web)