Module ECON41915: CORPORATE REPORTING

Department: Business School (Economics and Finance)

ECON41915: CORPORATE REPORTING

Tied To

• L1K209: Accounting and Finance (see Postgraduate Handbook 2011-2012 for details)
• L1K309: Corporate and International Finance
• L1K509: International Banking and Finance
• L1K709: Finance (see Postgraduate Handbook 2011-2012 for details)

Pre-requisites

Corequisites

Excluded Combinations

Aims

• To enable students to:
• acquire and demonstrate a specialist knowledge and understanding of the aims of financial reporting and the techniques of financial statement analysis;
• develop a critical understanding of reasons for, and the impact of, international differences in corporate reporting;
• appreciate the importance of corporate reporting for transparency and accountability in corporate governance systems.

Content

• Presentation of financial statements;
• Income concepts and asset value measurement systems;
• Statement of financial position: equity, liability and asset measurement and disclosure;
• Analysis and interpretation of financial statements;
• International issues in financial reporting;
• Non-financial, environmental and social reporting;
• Ethical issues for accountants.

Learning Outcomes

• By the end of this module students should have a specialist knowledge and understanding of:
• concepts of financial reporting and the techniques of financial statement analysis;
• international standards of corporate reporting and their importance for the evaluation of firm performance;
• the importance of corporate reporting for transparency and accountability in systems of corporate governance;
• the purpose of CSR reporting.

• By the end of this module students should:
• have practised problem-solving and analytical skills in the corporate reporting context.

• written communication;
• planning, prganising and time management;
• problem solving and analysis;
• using initiative;
• numeracy;
• computer literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• A combination of lectures, seminars and guided reading will contribute to achieving the aims and learning outcomes of this module. Summative assessment by written assignment will test students' knowledge and understanding of the subject-matter, their critical judgement and problem-solving skills.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

Students will receive written comments on a formative written assignment. Additional formative assessment, and feedback, may take a number of forms such as oral feedback on work prepared by students for seminars; answers to questions either discussed during a seminar, or posted on DUO; discussions with teaching staff during consultation hours, or via e-mail.