IIMA - Course Catalogue
Financial Statement Analysis
Finance and Accounting
Prof. Shailesh Gandhi (VF),
Prof. Sobhesh K. Agarwalla
Course Description & Objectives
Accounting and its end product – financial statements – play an extremely important role in the dynamic world economy. The financial statements serve as a foundation for tasks such as credit and security analyses, lending and investment decisions and other decisions that rely on financial data.
This course explores in greater depth selected generally accepted accounting principles and their impact on financial reporting. The objective is to give an exposure on the use of policy guidance in understanding the financial results better. The focus would be on “substance over form” while understanding the spirit of the policy statements, and the factors affecting the quality of financial numbers. Finally, the course helps the students to develop an intuitive approach to researching, interpreting, and analyzing financial statements.
The course is built upon the building block course “Financial Reporting & Analysis (FRA)” offered in the first term which covers preparation of financial statements, basic understanding of a few accounting policies and ratio analysis.
The pedagogy would primarily involve exercises and case analysis. Each exercise/case would have background reading material related to the situation described in that exercise/case.
© 2024 IIMA. All rights reserved