BUU44530 Financial Reporting and Analysis
(10 ECTS credits)
Module Outline based on 2018/19 15 ECTS Module and currently being updated
Mr. Neil Dunne
This module seeks to build on previous exposure to financial accounting concepts and techniques by providing a more rigorous and expanded framework for the preparation and analysis of financial statements. It emphasizes the major elements of measurement, recognition and disclosure in contemporary financial reporting. Financial statements, including cash flow and consolidated accounts, will be considered across a variety of business scenarios.
The module highlights the emergence of a global dimension to financial reporting through the adoption of international accounting standards. It also deals with selected complex standards, in particular those dealing with financial instruments, revenue recognition and other financial reporting issues.
On successful completion of this module students should be able to:
- Possess a detailed knowledge of the regulatory and conceptual frameworks of accounting
- Construct and analyse financial reports conforming with statutory requirements and international accounting standards
- Understand, apply and critique a range of international accounting standards
- Construct appropriate accounts relating to the measurement and recognition of financial instruments
- Prepare consolidated financial statements to account for various business combinations scenarios
- Critique the ethical considerations and current developments in financial reporting
Lectures &Tutorials/Contact hours:
1 two-hour Lecture per week
1 one-hour Tutorial per week
Recommended Texts/Key Reading:
To be provided with module outline at commencement of term.
Date for submission:
To be advised.
Penalties for late submission:
10% deduction (absolute), for each day (or part-thereof), that assignment is late. Coursework more than 10 days late without formal reason will not be accepted. Students unable to submit a term assignment for medical reasons must produce a medical certificate to the Trinity Business School office within three working days of the missed submission date. Certificates received after that time will not be accepted.