S. P. MANDALI’S PRIN L. N.

WELINGKAR INSTITUTE OF MANAGEMENT

DEVELOPMENT & RESEARCH

ACADEMIC DELIVERABLES CELL (ADC)

TEACHING AND LEARNING PLAN (TLP)

Title of the Course Financial Reporting and Analysis

Course Code FIN 101
No. of Credits 3
No. of Hours 30
No. of Sessions 15
Marks 100
Pre-requisite Course(s), if any Nil
Name of the Program/Division PGDM-Batch I
Specialization, if any Nil
Course Revision No.
Academic Year 2023-24
Trimester/Semester I
Syllabus Revision No. 19
Name of the Faculty Prof.Vanita Patel
Faculty Email Address Vanita.patel@welingkar.org
Faculty Mobile No. 9821346451

Description of the Course:

Financial reporting and analysis help to answer a host of vital questions on all aspects of
company’s financial activities, giving both internal and external stakeholders an accurate,
comprehensive snapshot of the metrics, they need to make decisions and take informed
action.

Course Learning Objectives:

1 To read and understand the contents of an Annual Report of a company.

2 To provide an overview of accounting standards applicable in India.
To understand and appreciate the importance of accounting concepts, rules,
3
conventions for users of accounting information.
To learn the process related to preparation of Balance Sheet, Statement of Profit
4
and Loss Account and Cash Flow Statement.
5 To provide an overview of consolidated financial statements of group companies.

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 6 To understand Financial Ratios and its use.

7 To apply financial ratios to understand the financial statements

8 To analyse and interpret the outcome of ratio analysis.

Course Outcomes (CO):

Course Course Outcome Blooms Blooms
Outcom Level (in Level
e Roman (In word)
Number Numerals)
Understand how to read an Annual Report. Understandin
CO1 II
g
Understand importance of accounting concepts
and rules in the preparation of the Balance Understandin
CO2 II
Sheet, Profit & Loss Statement, and the Cash g
Flow Statement.
Understand accounting process which leads to
Understandin
CO3 the preparation of the Balance Sheet, Profit & II
g
Loss Statement, and the Cash Flow Statement.
Apply accounting concepts, rules, and the
CO4 process to prepare the Balance Sheet, Profit & III Applying
Loss Statement and the Cash Flow Statement.
Understand the need for Consolidation of
Understandin
CO5 Financial Statements, basis for consolidation and II
g
consolidation procedure.
Understand Financial Ratios and its use. Understandin
CO6 II
g
Analyse financial statements using financial
CO7 IV Analyzing
ratios.
Interpret financial statements to understand
CO8 financial performance of the company under V Evaluating
study.

Mapping of Course Outcomes (CO) to the PO and PSO goals

Critical, Blooms
Realization
Analytical Level (in
Commu of Role of Program
& Global Roman
PO/CO Leadership Innovation nication Self in specific
Integrativ Perspective numerals)
skills Society and outcomes
e
Organization
Thinking
CO1 3 2 1 1 II
CO2 3 2 II
CO3 3 2 II

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 CO4 3 2 III
CO5 3 2 II
CO6 3 2 1 II
CO7 3 2 1 IV
CO8 3 2 1 V

Detailed Session Plan:

Sessio Topic and Subtopics to be Covered CO(s) Pedagogy
n No. Mappe
d to the
Topic
1 i)Introduction to Annual Report of a CO1 Faculty is requested to
company, its contents, why and how to read emphasis the importance
an Annual Report. of why and how to read an
Annual Report, by taking
ii)Ethical Issues in Accounting: Ethical students through the recent
responsibilities to both internal and external published Annual report of
stakeholders, understand what information BSE listed company.
is appropriate to share with different
stakeholders.
2 Introduction to Accounting: Concept, rules CO2  Pre-reading:
and conventions, necessity of understanding IndAs and
them, an overview of Income Statement and International
Balance Sheet. Financial
Reporting
Standards of: The
Introduction and Meaning of GAAP, IndAs, Institute of
Overview of IFRS. Chartered
Accountants of
Understanding importance of Accounting India.
Standards in the preparation of Financial
Statements, Format of Financial Statements
under schedule III of Companies Act, 2013

3,4,5,6 Introduction to Accounting: Concept, rules and CO2,3  Pre Reading:

conventions, necessity of understanding them, Chapter 1, 2 & 3 A
an overview of Income Statement and Balance & H.
Sheet.  Class room cases:
 The nature and purpose of Accounting. Ribbons an’ Bows
 Basic accounting concepts: The Balance Inc, Music Mart Inc,
Sheet Maynard(A),.Lone
 Basic accounting concepts: The Income Pine Cafe (A)
Statement
 Assignments:
Problems at the end
of chapter 1, 2 &3.
Case-Maynard

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 Company (B), Lone Pine
Café (B)

7,8 Accounting Mechanics: Process leading to CO3,4  Pre

preparation of Trial Balance. reading :Chapter 4
 Class room case:
PC Depot, Save-
Mart, Waltham Oil
and Lube Center
Inc.
 Assignment:
Problems at the
end of chapter
4.
 Case- Copies
Express.
 Assessment:Test
8,9 Accounting Mechanics: Process leading to CO3,4  Pre
preparation of Final Accounts with reading :Chapter 4
Adjustment Entries, Preparation of Income  Class room case:
Statement, and the Balance Sheet. PC Depot, Save-
Mart
 Assignment:
Problems at the
end of chapter
4.
 Case- Copies
Express.
Assessment :Surprise test
10 Accounting Adjustments : Revenue CO3  Problems on
Recognition and Measurement : Capital and Balance sheet and
Revenue Items, Depreciation, Accounting of Income Statement.
Inventory, Bad debts (including provision
for doubtful debts)
11 Preparation of Cash Flow Statement: CO4  Pre
Purpose, Statement categories, Methods- reading :Chapter
Direct and the Indirect Method. 11 A & H
 Class room
problems :11.3,11.
5
 Assignment:
Problem
11.1,11.2,11.4
 Additional
Problems on Cash
Flow Statement.

4
12 Consolidation of Financial Statements: CO5  Problems on
Need for consolidation, Basis for Consolidation of
consolidation, Consolidation procedure Financial
Asset valuation, Minority Interest Statements.
calculation, calculation of goodwill,
calculation of capital reserve.
13 Financial Ratios: Need for ratios, categories CO6  Pre reading-
of ratios and its use, Du-Pont Equation, Chapter 13 A & H,
interpretation of ratios. Chapter 2 & 3 B &
H
 Classroom
problems :13.4 –
Identify the
Industry from (A
& H, Problems
from B & H
14 Analysis and Interpretation of Financial CO7  Pre reading-
Statements by use of Ratios. Chapter 13 A & H,
Chapter 2 & 3 B &
H.
 Classroom
problems :13.4 –
Identify the
Industry from (A
& H, Problems
from B & H

15 Interpretation of Financial Statements by CO8  Classroom

students using current annual reports of problems :13.4 –
companies from different sectors Identify the
Industry from (A
& H, Problems
from B & H

Reference Texts/Books/Websites/etc:

1 Robert N Anthony, David F, Hawkins and Kenneth A Merchant (AHM), 2017,

Accounting: Text and cases (13th Edition) – McGraw Hill.
2 Stice, Stice and Diamond ( STI),Financial Accounting, Reporting and Analysis - 6th
Edition - (STI), South-Western Thomson Learning
3 R. Narayanswamy (NAR) (2014) Financial Accounting - A Managerial Perspective - 6th
Edition -), Prentice Hall India.
4 Ashok Banerjee (AB), (2009), Financial Accounting: A Managerial Emphasis, 3rd Edition
Excel Books.
5 Study Material: IndAs and International Financial Reporting Standards of:

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 Website:www.icai.org:The Institute of Chartered Accountants of India.
6 Brigham & Houston (B & H), 2015, Fundamentals of Financial Management (14th
Edition), Cengage Learning.

Project/Assignment Details, if any: Analysis of Financial Performance of a BSE listed

company.

CO(s) Mapped to CO6,7,8

Project/Assignment
Objective/s of the Analysis and interpretation of financial
Project/Assignment performance of a company.
Assignment/Project  To conduct ratio analysis.
Methodology  To analyse, compare and interpret the ratios with
the previous year.
 To compare and interpret with the industry
standard.

Outcome of the Interpretation of the financial performance of a

Project/Assignment given company using ratios.

Assessment Method:

Minimum Four assessments are required for Internal Assessment / Evaluation:

Evaluation Schedule
Evaluation Methodology % of marks assigned The Course
Outcome that it
will measure *
1. Surprise quizzes/Tests
2. Case evaluation
3. Group presentations 10 Marks CO6-8
4. Mid Term Evaluation
5. Project 10 Marks CO6-8
6. Any other evaluation method: 2 MCQ tests of 10 CO 1-8
Please specify marks each

7. End Term Evaluation/Exam 60%-60 marks CO 1-8

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 TLP submitted by Approved by
Teaching Faculty Program Head Dean – Specialization
Name Vanita Patel. Prof.Vanita Patel.
Signature Vanita Patel. Vanita Patel
Date 31/07/2023 31/07/2023