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School of Social Sciences

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BAEcon Economics
Learn how the social sciences can help you to understand today's world.

BAEcon Economics / Course details

Year of entry: 2018

Course unit details:
Financial Statement Analysis

Unit code BMAN20081
Credit rating 10
Unit level Level 2
Teaching period(s) Semester 1
Offered by Alliance Manchester Business School
Available as a free choice unit? No

Overview

Information needs of different stakeholders;

Linking the interpretation of financial statements to an organization's core competitive and sustainability strategies, risks and opportunities;

Role and importance of narrative reporting;

Perspectives on the quality and reliability of accounting information;

Accounting and financial ratio calculation and interpretation.

Pre/co-requisites

Unit title Unit code Requirement type Description
Financial Reporting BMAN10501 Pre-Requisite Compulsory
Fundamentals of Financial Reporting BMAN10621M Pre-Requisite Compulsory
Fundamentals of Financial Reporting A BMAN10621A Pre-Requisite Compulsory
Financial Decision Making BMAN10522 Pre-Requisite Compulsory
Financial Decision Making BMAN10522 Pre-Requisite Compulsory
Financial Decision Making BMAN10522 Pre-Requisite Compulsory
Fundamentals of Financial Reporting A BMAN10621A Pre-Requisite Compulsory
Financial Decision Making M BMAN10522M Pre-Requisite Compulsory
Financial Reporting BMAN10501 Pre-Requisite Compulsory
Financial Decision Making M BMAN10522M Pre-Requisite Compulsory
Fundamentals of Financial Reporting BMAN10621M Pre-Requisite Compulsory
Financial Decision Making M BMAN10522M Pre-Requisite Compulsory
Fundamentals of Financial Reporting B BMAN10621B Pre-Requisite Compulsory
Fundamentals of Finance BMAN10552 Pre-Requisite Compulsory
Fundamentals of Financial Reporting A BMAN10621A Pre-Requisite Compulsory
BMAN20081 has pre-requisites of: BMAN10501 AND BMAN10522 / 10522(M) or BMAN10621 AND BMAN10552 @60% or BMAN10621(M) AND BMAN10522 / 10522(M).

Pre-requisite course units have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline. If the pre-requisite unit is defined as a compulsory course unit within your programme of study (Maths with Finance, IBFE, Accounting, BA Econ pathways for example) then progression onto the dependent unit is permitted as long as you have gained the appropriate amount of credit to progress on to the following year of your registered undergraduate programme.

Pre-requisites:
BMAN10501 and BMAN10522 or
BMAN10621 (A) or (M) and BMAN10522 or BMAN10522(M) or
BMAN10621 (A) or (B) and BMAN10552 subject to passing the BMAN10552 examination at 60% or above.

Co-requisites: None

Dependent course units: BMAN30190 (Only available to students specialising in Finance either singly or jointly and provided all the following area pre-requisites have been passed BMAN23000 (A) or (B), BMAN20072 and BMAN20081).

Dependant course units BMAN31000 (Only available to students specialising in Accounting either singly or jointly and provided all the following area pre-requisites have been passed BMAN21020, BMAN21040, BMAN21061 and BMAN20081. In addition BMAN23000A or BMAN23000B must have been passed or is being taken as a co-requisite with BMAN31000).

 

Aims

The course aims to increase students' knowledge of the theory and practice of financial statement analysis and to place it in its broad societal business, accounting and financial context.

Learning outcomes

On completion of this course, successful students will be able to:
- Calculate and interpret a range of accounting ratios from the financial statements of large companies;
- Appreciate the complex nature of real life financial statement ratio calculations;
- Understand the role of, and draw upon, the strategic (competitive and sustainability) context of a business in interpreting that business's financial statements;
- Effectively interpret financial statements from the perspective of the forward-looking information needs of different stakeholders;
- Understand a range of factors that can indicate the quality and reliability of financial statement information;
- Appreciate the various sources of data that may be useful in analysing the position, performance and future prospects of a firm;

Teaching and learning methods

Lectures and workshops:

20 lecture hours ( 2 hours per week over 10 weeks ) including one clinic session of 1 hour.

8 workshop hours (1 hour per week in 8 different weeks)

72 private study hours

Total study hours: 100 hours split between lectures, classes, self-study and preparation for classes, coursework and examinations.

Attendance and punctuality for workshops

In accordance with The University of Manchester Student Charter, you are expected to attend ‘all scheduled teaching sessions’.

Workshop tutors will keep a register of attendance.

If a student is unable to attend a workshop due to illness or another valid mitigating circumstance, then s/he should provide suitable evidence (such as a signed and dated doctor’s note).

Any student whose reason for absence/ lateness is not deemed valid by the course co-ordinators, or who does not wish to explain their absence to the course co-ordinators, may submit their case to the School’s Mitigating Circumstances panel for consideration. Details of how to submit a case to the mitigating circumstances panel are available in the Student Handbook.

Students must not sign the register for anyone other than themselves. Any student found to have signed the register for another student will be reported and may face disciplinary action.

Informal Contact Methods
1. Office Hours
2. Online Learning Activities (blogs, discussions, self assessment questions)

Assessment methods

Group presentation (10%)2 hour examination (90%)

For semester 1 only exchange students admitted via the Alliance Manchester Business School International Office that take this course as BMAN20611 the assessment will be group presentation (10%) and  a financial statement analysis exercise to be written up in a typed report of up to 8 sides of A4 paper (with specified minimum font and margin sizes) (90%).




 

Feedback methods

Methods of Feedback to Students

  • Informal advice and discussion during a lecture, seminar, workshop or lab.
  • Online exercises and quizzes delivered through the Blackboard course space.
  • Responses to student emails and questions from a member of staff including feedback provided to a group via an online discussion forum.
  • Specific course related feedback sessions.
  • Written computerised comments on non-assessed coursework.
  • Group feedback sheet plus generic feedback for group presentation
  • Generic feedback posted on Blackboard regarding overall examination performance.

Recommended reading

Custom textbook (ed. Anne Stafford & Jenni Rose, 2016, replacing ed. Anne Stafford and Penny Clarke, 2013) Financial Statement Analysis, McGraw Hill

Deegan C & Unerman J (2011), Financial Accounting Theory, 2nd European ed, McGraw Hill

Collins & McKeith (2013), Financial Accounting & Reporting, McGraw Hill


 

Study hours

Scheduled activity hours
Assessment written exam 2
Lectures 20
Practical classes & workshops 8
Independent study hours
Independent study 70

Teaching staff

Staff member Role
Anne Stafford Unit coordinator
Jennifer Rose Unit coordinator

Additional notes

Pre-requisite course units have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline. If the pre-requisite unit is defined as a compulsory course unit within your programme of study (Maths with Finance, IBFE, Accounting, BA Econ pathways for example) then progression onto the dependent unit is permitted as long as you have gained the appropriate amount of credit to progress on to the following year of your registered undergraduate programme.

Pre-requisites:
BMAN10501 and BMAN10522 or
BMAN10621 (A) or (M) and BMAN10522 or BMAN10522(M) or
BMAN10621 (A) or (B) and BMAN10552 subject to passing the BMAN10552 examination at 60% or above.

Co-requisites: None

Dependent course units: BMAN30190 (Only available to students specialising in Finance either singly or jointly and provided all the following area pre-requisites have been passed BMAN23000 (A) or (B), BMAN20072 and BMAN20081).

Dependant course units BMAN31000 (Only available to students specialising in Accounting either singly or jointly and provided all the following area pre-requisites have been passed BMAN21020, BMAN21040, BMAN21061 and BMAN20081. In addition BMAN23000A or BMAN23000B must have been passed or is being taken as a co-requisite with BMAN31000).

Programme Restrictions: There are no programme restrictions for this course providing the pre-requisites listed above are met.

BMAN20081 is available to  study abroad and exchange students admitted through the University of Manchester International  Programmes Office.

Timetable
https://ughandbook.portals.mbs.ac.uk/Myprogramme/Teachingtimetables.aspx

For Academic Year 2017/18

Updated: March 2017

Approved by: March UG Committee

 

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