Programme: MBA – Masters of Business Administration

Teaching-Learning and Evaluation Plan

Course Information:

Course Code: 21FRSA201 Course Title: Financial Reporting statements Analysis

Credit Units : 3 Total Contact Hours : 45 L-T-P: 45-0-0
CA : UE Weightage : 50 : 50 Pass Marks (CA and UE) : 50% and 50% Aggregate Pass Marks : 50%
UE Question Paper Marks : 100 Special Examination Fees : NA Pre-requisite (if any) : NA
Course Facilitator: Dr. Kuldeep Singh

Programme Outcomes (POs)

At the end of the programme, learners will be able to:

PO1 Apply knowledge of management theories and practices to solve business problems
PO2 Develop analytical and critical thinking abilities for data-based decision making
PO3 Understand, analyse and communicate global, economic, legal and ethical aspects of business
PO4 Identify and apply trans-disciplinary tools and techniques for projects and solving problems
PO5 Lead oneself and others in the achievement of organisational goals and contribute effectively
to a team environment
PO6 Inculcate entrepreneurial mind-set for sustainability

PO7 Imbibe value-based leadership for Excellence

PSO1 Demonstrate effective response to industry challenges by applying managerial tools and
techniques for a sustainable society
PSO2 Appraise the complex specificities of Indian Business to garner global reputation
PSO3 Develop a holistic thinking solopreneur for a self-sufficient society
Course Objectives
The students will have to understand the framework of financial statement analysis and apply the same in
international accounting standards
The students will apply the cash flow information, market-based research and modern portfolio theory and
market hypothesis.
The students will apply the inventory ratios, deferred tax analysis and analysis of long-lived assets and
liabilities.
The student will have to apply the derivatives and hedging activities and methods of discounted cash flows.

COs to POs and PSOs Mapping:

PO1 PO2 PO3 PO4 PO5 PO6 PO7 PSO1 PSO2 PSO3
CO1 0 3 0 0 0 0 0 1 0 0
CO2 0 3 1 1 0 0 0 1 0 0
CO3 1 2 1 1 0 0 0 1 0 0
CO4 0 2 1 0 0 0 0 1 0 0
CO5 1 2 1 0 0 0 0 1 0 0
Tota 2 12 4 2 0 0 0 5 0 0
l
*3 – high; 2 – medium, 1 – low, 0-Not Applicable
Course Contents

Module 1: Financial Accounting 8 Hours  

Framework for financial statement analysis - International reporting standards - Principal financial
statements - other sources of financial information - role of auditor - accrual concept of income -
Revenue and expenses recognition - Recognition methods - Nonrecurring items - quality of earnings
- statement of shareholders’ equity
Module 2: Cash Flow Statement 8 Hours  

Cash flow statement an international perspective - Analysis of cash flow information - Integrated
Ratios analysis - economic characteristics and strategies - earnings per share and other ratios used in
valuation - patterns of ratio disclosure - Market based research - Modern portfolio theory - Efficient
Market Hypothesis - Implications for empirical research for financial statement analysis
Module3: Inventory Control 13 Hours
Analysis of inventory Control - comparison of information provided by alternative methods -
Financial ratios LIFO versus FIFO - Analysis of long lived assets - Capitalisation versus expensing -
Analytical adjustments for capitalisation versus expensing
Module 4: Assets Disclosure and Taxation 8 Hours
Analysis of fixed assets disclosure - Analysis of income tax - Deferred tax analytical issues. Analysis
of financing liabilities - Bond Covenants - Leases and off-balance sheet debt-Pension and other
employee benefits-Analysis of pension plan disclosure - Analysis of Interoperate investments -
Analysis of marketable securities
Module 5:  Derivatives and hedging activities 8 Hours

Derivatives and hedging activities - hedging techniques - Analysis of hedging disclosures - Financial
statement analysis a synthesis - Adjustments to reported income -Accounting and finance based
measures of risk - credit risk - equity risk - Valuation and forecasting - Asset based valuation models
- Tobin's Q-Discounted cash flow valuation models - EBO model - Forecasting models - Comparison
with analyst forecast - alpha growth

 Books for Study

1. Foster, George(1986), Financial Statement Analysis, Prentice Hall, and N.J .

2. Martin Baxter and Andrew Robbie (1996): Financial calculus Cambridge University, Press
Cambridge. Books for Reference
1. Heinz, Kohleer (2001): Statistics for Business & Economics, 1/e,Harper Collins, New York.
2. Martin Baxter and Andrew Robbie (1996):Financial calculus Cambridge University, Press
Cambridge.
3. Stice K Earl, Stice D James (2006): Financial Accounting Reporting and Analysis: South Western
4. White I Gerald, Sondhi C Ashwinpaul and Fried Do (2007): The analysis and use of financial
Statements Wiley India
5. Wild J John, K.R Subramanyam and Halsey F.Robert, (2007):Financial Statement Analysis, Tata
McGraw – Hill
.

Session-Wise Plan
 Readings and Teaching-
Mod Session Topic References Learning CO Mode of Delivery
(s) Methods
 Understand the B.N.1, CH.2,P Classroom Synchronous
Framework for NO.10 discussion and session: PPT, in-
1 financial interaction CO1 class discussion &
statement in-class web-
analysis browsing
Understand the B.N.1, CH.2,P Classroom Synchronous
International NO.12 discussion and session: PPT, in-
2 reporting interaction CO1 class discussion &
standards - in-class video-
viewing
Understand the B.N.1 CH.2,P Classroom
various NO.14 discussion and
*Asynchronous,
3 concepts of interaction CO1
Case study 1
standards
Apply the B.N.1, CH.2,P Classroom
Synchronous:
principles of NO.15 discussion and Flipped
4 financial interaction CO1
Classroom, PPT,
statements role play
Apply the B.N.1, CH.2,P Classroom
NO.17 discussion and Synchronous:
sources of
interaction Pre-reading,
5 financial CO1
Experience
1 information sharing and PPT
role of auditor
Apply the B.N.1, CH.2,P Classroom
accrual concept NO.19 discussion and Synchronous:
interaction Blended Learning,
of income in
6 CO1 PPT and filled-in
preparation of Client Profiling
Income questionnaire
statement
Apply the WEBSITE Classroom
Revenue and discussion and *Asynchronous
expenses interaction Reading and
CO1 Google form quiz,
recognition and
7 and Shared learning
recognition CO2 through discussion
methods to thread on the LMS
know the platform
profits
Apply the B.N.1, CH.3,P Classroom
Nonrecurring NO.21 discussion and
items in interaction Asynchronous –
8 preparation of CO1 graded activity:
income Group Report
statement
9 Maintain and B.N.1, CH.3,P Classroom CO1 *Synchronous: In
apply the Quality NO.23 discussion and and class video-
of earnings interaction CO2 viewing, PPTs and
class discussion
 Apply the B.N.1, CH.3,P Classroom
Earnings NO.25 discussion and *Synchronous
management in interaction CO1 work-shop
10 preparation of and delivered by
shareholders CO2 Industry
equity. Practitioner

Apply the B.N.1, CH.3,P Classroom

elements in NO.27 discussion and *Synchronous
shareholders’ interaction CO1 work-shop
11 equity and delivered by
CO2 Industry
Practitioner

Preparation of B.N.1, CH.3,P Classroom

CO2
shareholders’ NO.29 discussion and and *Asynchronous
12 equity interaction CO3 LinkedIn Learning

Introduction to B.N.1, CH.3,P Classroom

cash flow NO.30 discussion and CO2
statements interaction *Asynchronous
13 and
LinkedIn Learning
CO3

Understand the B.N.1, CH.3,P Classroom

elements of cash NO.32 discussion and
flow statements interaction

CO2
*Asynchronous
14 and
LinkedIn Learning
CO3

2
Preparation of B.N.1, CH.3,P Classroom
Cash flow NO.35 discussion and CO2 Asynchronous
statement as interaction and graded activity –
15
per Indian CO3 Group
accounting presentation
standards
Preparation of B.N.1, CH.4,P Classroom CO2
cash flow NO.41 discussion and and
statement with interaction CO3 Asynchronous
respect to graded activity –
16
international Group
perspective presentation

Apply the cash B.N.1, CH.5,P Classroom CO2, *Synchronous

flow NO.42 discussion and CO3 PPTs, class
3 17 interaction
information and discussion and
CO4 practical sums
 Apply the Ratios B.N.1, CH.5,P Classroom
relating to cash NO.44 discussion and
flow statements interaction
CO2,
*Synchronous
CO3
18 PPTs, experiential
and
learning
CO4

Apply the B.N.1, CH.5,P Classroom

Integrated NO.45 discussion and
Ratios analysis interaction CO2,
*Synchronous
CO3
19 PPTs and class
and
discussion
CO4

Apply the B.N.1, CH.5,P Classroom CO2, *Synchronous:

economic NO.46 discussion and CO3 PPTs, class
20 interaction
characteristics and discussion and
and strategies CO4 practical sums
Apply the B.N.1, CH.5,P Classroom
earnings per NO.47 discussion and CO2,
*Asynchronous
CO3
21 share for interaction LinkedIn Learning
and
decision or Case study 4
CO4
making
Apply the other B.N.1, CH.5,P Classroom
CO2,
ratios used in NO.48 discussion and *Asynchronous
CO3
22 valuation interaction LinkedIn Learning
and
or Case study 3
CO4
Apply the B.N.1, CH.5,P Classroom
CO2,
patterns of NO.46 discussion and CO3 *Asynchronous
23 ratio disclosure interaction and LinkedIn Learning
CO4
Apply the B.N.1, CH.5,P Classroom
CO2,
Market based NO.47 discussion and *Asynchronous
CO3
24 research interaction reading and video-
and
viewing
CO4
Understand the B.N.1, CH.5,P Classroom
Modern NO.49 discussion and CO2,
Synchronous,
portfolio interaction CO3
25 Experiential
and
theory learning
CO4

Understand the B.N.1, CH.5,P Classroom

*Synchronous
Efficient NO.50 discussion and
CO4 work-shop
Market interaction
26 and delivered by
Hypothesis CO5 Industry
Practitioner
Understand B.N.1, CH.5,P Classroom CO4 *Synchronous
27 Averages NO.50 discussion and and work-shop
interaction CO5 delivered by
 Industry
Practitioner
Understand the B.N.1, CH.5,P Classroom
Empirical NO.51 discussion and CO3,
*Synchronous –
research interaction CO4
28 Simulation using
and
Excel
CO5

Apply the B.N.1, CH.5,P Classroom

Implications of NO.52 discussion and CO3,
*Synchronous –
empirical interaction CO4
29 Simulation using
research and
Excel
CO5

Apply the B.N.2, CH.5,P Classroom

Implications for NO.53 discussion and
interaction CO2,
empirical *Synchronous
CO3
30 research for PPTs and class
and
financial discussion
CO4
statement
analysis
Application of B.N.1, CH.10,P Classroom CO2,
inventory NO.133 discussion and *Synchronous
CO3
31 interaction PPTs and class
Control and
discussion
CO4
Application of B.N.1, CH.10,P Classroom
information NO.135 discussion and
provided by interaction CO2, *Synchronous
alternative CO3 PPTs, in classroom
32
methods and video-viewing and
CO4 class discussion

Apply Financial B.N.1, CH.10,P Classroom

ratios in LIFO NO.136 discussion and
interaction *Synchronous
versus FIFO
work-shop
CO4,
33 delivered by
CO5
Industry
Practitioner

Apply of ratios B.N.1, CH10,P Classroom *Synchronous

in long lived NO.137 discussion and work-shop
CO4,
34 assets interaction delivered by
CO5
Industry
4 Practitioner
Apply and B.N.1, C10.2,P Classroom *Synchronous
compare the NO.138 discussion and work-shop
interaction CO4,
35 Capitalisation delivered by
CO5
versus Industry
expensing Practitioner
Apply various B.N.1, CH.10,P Classroom CO2,
adjustments NO.139 discussion and CO3 *Synchronous
36 interaction
for and PPTs
capitalisation CO4
 versus
expensing
Understand B.N.1, CH10,P Class room
NO.140 discussion and CO2,
the various *Synchronous
interaction CO3
37 disclosures in PPTs and class
and
Analysis of discussion
CO4
fixed assets
Understand B.N.1, CH.10,P Class room
the Analysis of NO.142 discussion and
income tax interaction

CO1,
Asynchronous
CO2,
graded, individual
38 CO3,
report and viva-
CO4,
voce
CO5

Understand the B.N.1, CH.10,P Class room

Deferred tax NO.143 discussion and
interaction *Synchronous:
analytical
Blended Learning -
issues CO1,
39 pre-reading,
CO5
discussion on
research paper

Understand B.N.1, CH.11,P Class room

Bond NO.154 discussion and
Covenants - interaction
*Synchronous
CO1,
Leases and off- work-shop
CO4
40 balance sheet delivered by
and
debt-Pension Industry
CO5
and other Practitioner
5 employee
benefits
Apply the B.N.1, CH.11,P Class room
pension plan NO.155 discussion and
disclosure - interaction
*Synchronous
CO1,
Analysis of work-shop
CO4
41 Interoperate delivered by
and
investments - Industry
CO5
Analysis of Practitioner
marketable
securities
Apply the B.N.1, CH.11,P Class room CO1, *Synchronous
Derivatives and NO.156 discussion and CO4 work-shop
42 interaction
hedging and delivered by
activities CO5 Industry
 Practitioner
Apply the B.N.1, CH.11,P Class room
CO2,
hedging NO.157 discussion and
CO3, *Asynchronous
  43 techniques interaction
and reading
CO4
Apply the B.N.1, CH.11,P Class room C01, Synchronous –
hedging NO.158 discussion and CO2, Blended Learning
disclosures interaction CO3, pre-reading, in-
  44
CO4 classroom video
and viewing and class
CO5 discussion
Apply the B.N.1, CH.11,P Class room
NO.10 discussion and CO2,
Financial *Asynchronous
interaction CO3,
  45 statement reading and video
and
analysis a viewing
CO4
synthesis

Module TAP Sessions / Hours

1 T & A : Faculty Facilitated sessions 21
2 A & P : Post Class Readings / activities / LMS discussions 5
3 A & P : Post Class Assessment Components 5
4 A & P : Industry Practitioner’s Sessions / Workshops 9
5 T,A & P : Self-Paced LinkedIn Learning courses / certifications 5
Total 45

Assessment Scheme (CA: UE - 50: 50)

Sl. Assessment Details Formative / Frequency Weightag CO

No. Summative e
1 Class Participation: Attending the Formative Continuous 10% CO1, CO2,
BPS, Preparing a report and CO3, CO4 and
Submitting the same (5%) + Other CO5
variables of Class Participation (5%)
2 Group Report (and viva voce): Formative 1 10% CO1
Company’s financial situation.
3 Group Presentation: “IFRSs” Formative 1 10% CO2 and CO3

4 Mid semester Assessment Formative 1 10% CO1, CO2 and

CO3
5 Individual Report (with viva voce): Formative 1 10% CO1, CO2,
“Ratio Analysis” CO3, CO4 and
CO5
6 End Semester Examination (UE) Summative 1 50% CO1, CO2,
CO3, CO4 and
CO5
Others Details:

1. Class Participation – Punctuality, Frequency, and Level of Interaction, Contribution to the

Learning Process (1 – Poor/Below 75%, 2 – Good/75-80%, 3 – Very Good/80-90%, 4 and above –
Excellent/Above 90%
2. Assignment– Parameters for Evaluation:
a. Stated objectives
b. Provides evidence
c. Critical analysis of evidence
d. Global awareness
 e. Perspective taking
f. Understanding of the Economy and Business Processes
3. Discipline – The students are expected to be punctual and regular in attending classes,
submitting assignments and activities. They should be decently dressed all the time. In their
interactions, they should be respectful and sensitive to everyone.
4. Chamber Consultation Hours –1.00 pm to 2.00 pm (Tentative)
5. Pre Reading – The readings/ references given in session-wise plan should be read by students
before coming to class to have effective and meaningful discussion on the topic.
6. Participation in Co-curricular and Extra-Curricular Activities – Attendance for the course on
Multidisciplinary Writing is compulsory as it will help in writing Review Essays

Blooms Taxonomy