FINANCIAL STATEMENTS INTERPRETATION AND ANALYSIS

Course Description: The course content will cover theories, concepts and application of financial statements interpretation and analysis. It will discuss accounting issues on financial statements presentation and identification of possible risks and opportunities. To develop the analytical skills in interpreting financial information, different methodologies and tools on financial analysis will be applied to cases and existing companies’ financial reports and interpret thereof.

Course objectives will include: 1. Develop students’ ability to analyze and interpret financial reports 2. Learn different techniques in analyzing reports and assessing financial performance 3. Develop analytical skills in understanding financial reports and in formulating decisions

Attendance: Your attendance is expected at all classes. Attendance will be checked, in compliance with the KMU policy. Homework and practical exercises. Homework must be submitted before the start of class. And classroom exercises or problem solving may be given after the lecture/discussion to check on whether the students understood the discussion. Examinations. There will be two formal examinations, the mid-term and final examinations. These two exams represent 40% of the total grade. The coverage will be until the last topic discussed before the formal exams. Reporting and Term Paper. A group of students will be formed as a team. Each team will be given one case topics to report and submit as term paper before the end of the semester. The topic will be related to the course. Notation: The syllabus is a plan of action for this semester and is subject to change. The professor reserves the right to make modifications with reasonable consultation and information to the students.

Attendance includes rating on the attitude of the students in the class. This would mean that 5% will be for the attendance and additional 5% for behavior of the students in the classroom. Assignments and practical exercises represents 15% of the total rating.

Completed the financial accounting course.

Reports are insignificant if it is not understood. Financial statement analysis is a useful tool in understanding the financial condition and performance of the company. Having a sound understanding of financial status is of importance to the students, such as assessing would be employers, sustaining employment or establishing their own business/es and unfolding business information to his or her advantage. This is valuable to students in improving their managerial skills.