Financial Accounting And Analysis

Syllabus

18MBA107: Financial Accounting and Analysis

Module-I

Introduction to Accounting: Accounting as a Language and Need for Accounting, Basic Terminologies of Accounting. External and Internal Users of Accounting Information, Accounting Concepts and Conventions, Accounting Cycle, Accounting Equations, Nature of GAAP, Need for Accounting Standards, Limitations of Accounting, Ethical Issues in Accounting, Mechanics of Accounting – Introduction, Classification, Double Entry System, Preparing Journal, Subsidiary Books, Ledger, Preparation of Trial Balance.

Module-II

Preparation of Financial Statements: Income Statement and Balance Sheet, Cash Flow Statement, Corporate Accounts – Share and Share Capital, Issue of Shares, Payment in Instalment, Buyback of Shares, Debentures and Bonds.

Module-III

Understanding Corporate Income Statement and Balance Sheet as Presented in the Annual Reports of Companies; Analysis and Interpretation of Financing Statements– Common Size Statement, Trend Analysis, Ratio Analysis and Cash Flow Analysis as per AS-3 (Revised).