Course
Code
Credits (ECTS)
Instructor
Classes
Aims
Financial accounting and analysis
???
5
Vladimir Rogozin
Mobile phone: 8-916-624-8242
e-mail: Vladimir_Rogozin_1954@mail.ru
This is an introductory course into the theory and practice of analyzing basic financial statements, the
course includes presentation of the topics relating to overall business environment and problems
related to generating financial reports. The latter means explanation of the goals, qualitative
characteristics and contents of financial information.
Some basic knowledge of accounting and valuation methods is expected.
The main financial reports, i.e. balance-sheet, income statement, statement of cash-flow and statement
of retained earnings shall be studied in-depth.
The following stage shall involve calculation of major financial ratios covering principal facets of
corporate performance: liquidity, turnover, profitability, market valuations. The cost of different
components of capital and the problem of optimizing the capital structure shall be tackled as well.
This course aims at granting students the basic skills necessary: to find their bearings in the intricate
world of financial indicators, realize a company’s financial standing and performance, grasp problems
within corporate environment and be informed of the existing trends. The course is developed for all
those wishing to improve their understanding of corporate finance and business practice.
Upon satisfactory completion of the course, the student is supposed to:
1.
2.
3.
4.
5.
Comprehend the foundations of financial statements and their underlying assumptions
Be in the know of the latest tendencies and problems involving financial reporting
Be able to calculate major financial indicators and ratios
Be able to understand financial situation of a company within its business segment
Be able to advance further in the area of corporate finance.
SUMMARY OF THE “Financial Accounting and Analysis” COURSE
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
Theoretical foundations of financial analysis
Evolution of financial standards worldwide and in several countries.
Latest tendencies
Goals, qualitative characteristics and contents of accounting and
financial information
Concept and elements of the statement of financial position
(balance-sheet)
Concept and elements of the income statement
Concept and elements of the cash-flow statement
Concept and elements of the retained earnings statement
Financial ratios
Liquidity ratios
Turnover ratios
Profitability and other ratios
Cost of capital
Accounting and analysis of property, plant, equipment
14. Accounting and analysis of wages and salaries, social charges
15. Accounting and analysis of assets and liabilities in a different currency
16. Accounting and analysis of VAT, corporate income tax, other taxes
Total
Self
work
Theoretical foundations of financial analysis
11
4
1
2
2
Evolution of financial standards worldwide and in
several countries. Latest tendencies
11
4
1
2
3
Goals, qualitative characteristics and contents of
accounting and financial information
11
4
1
2
4
Concept and elements of the statement of financial
position (balance-sheet)
11
4
1
2
5
Concept and elements of the income statement
11
4
1
2
6
Concept and elements of the cash-flow statement
11
4
1
2
7
Concept and elements of the retained earnings
statement
11
4
1
2
8
Financial ratios
11
4
1
2
9
Liquidity ratios
11
4
2
2
10
Turnover ratios
11
4
2
2
11
Profitability and other ratios
11
4
2
2
12
Cost of capital
11
4
2
2
13
Accounting
equipment
12
5
2
3
14
Accounting and analysis of wages and salaries,
social charges
12
5
2
3
15
Accounting and analysis of assets and liabilities in a
different currency
12
5
2
3
16
Accounting and analysis of VAT, corporate income
tax, other taxes
12
5
2
3
№№
Topics
1
TOTAL
and
analysis
of
property,
plant,
180
68
Lectures Seminars
24
36