Financial Reporting, Statements and Analysis

Module 1

Accounting Standards: Introduction to Indian Accounting Standards.AS 2 (Valuation of Inventories), AS 3 (Cash Flow Statement), AS 6 (Depreciation Accounting), AS 10 (Accounting for Fixed Assets). Practical Questions on these accounting standards.

Module 2

Financial Statement Reporting – I:  Preparation of Financial Statement – Profit & Loss, Balance

sheet (as per Companies Act 2013)

Module 3

Financial Statement Reporting – II: Cash Flow Analysis – introduction, Meaning, features, objectives, importance, concept of cash and cash equivalents, cash flow from operating activities, investment activities & financing activities. Preparation of Cash Flow Statement (as per Companies Act 2013)

Module 4

Analysis of Financial Statement – I: Introduction, Assessment of Business Performance through Ratio Analysis: Concept of Ratio, the significance of ratio analysis, Interpretation of financial performance using ratio. Profitability Ratio, Liquidity Ratio, Solvency Ratio, Activity Ratio & efficiency Ratio,

Module 5

Analysis of Financial Statement – II: Techniques of Financial statement Analysis (Common size statement, Trend Analysis, Inter-Firm Comparison, Intra Firm Comparison) Du-Pont Analysis