Nova School of Business and Economics

Financial Reporting

Code

2238

Academic unit

null

Department

null

Credits

3,5

Teacher in charge

Xanthi Gkougkousi

Teaching language

English

Objectives

The course aims at teaching students advanced accounting treatments and methods

Prerequisites

N/A

Subject matter

The course has a practical emphasis and combines lectures, including guest lectures, individual assignments, and group assignments to give students the ability to:

  • I. Prepare, interpret, and analyse companies financial statements;
  • II. Understand why firms report certain information;
  • III. Be sophisticated users of accounting information.
  • Bibliography

    The textbook used is:

    "Financial Accounting and Reporting" by Elliott and Elliott, 17th Edition, Pearson.
    Resources

    The course builds on knowledge acquired during introductory undergraduate accounting courses. Useful background readings are the following:

    1. Introduction to Financial Accounting by Horngren, Sundem, Elliott, and Philbrick, 10th edition, Pearson.

    2. Financial Accounting by Stickney, Weil, Francis, and Schipper, 13th Edition, South-Western Cengage Learning.

    Moodle will be used to make materials available to students (e.g., slides, news articles, etc.).

    Teaching method

    Students are expected and required to participate actively, both during class time and in its preparation.

    Through a teaching approach that mixes lecture presentations, case studies and class discussions students will be challenged to develop their critical analysis skills and build on the knowledge acquired in order to interpret firm s financial reporting and statements.

    Evaluation method

    The final exam is mandatory and comprehensive. Students are not allowed to consult any materials. Those with a grade lower than 9 (out of 20) will fail this class. The group project will involve collecting and analyzing financial information from a firm and comparing it with its peers. Homework will be from the book.

    Grades will be determined using the following factors and relative weights:

  • 1. Final exam: 50%
  • 2. Group project: 30%
  • 3. Homework: 20%
  • Courses