ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title FINANCIAL REPORTING AND ANALYSIS
Code ACFI220
Coordinator Dr Z Zhang
Finance and Accounting
Ziyang.Zhang@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 5 FHEQ Second Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours   6

       12

12

6

 36
Timetable (if known)   60 mins X 1 totaling 12
  		      60 mins X 1 totaling 12
180 mins X 1 totaling 36
60 mins X 1 totaling 12
  		 
Private Study 114
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Assessment 2: Individual Presentation Assessment Type: Presentation Duration: 30 minutes Weighting: 20% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies An  30 minutes    20       
Assessment : Report Assessment Type: Coursework Size: 3500 words Weighting: 80% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous Assess  3500 words    80       

Aims

This module aims to provide students with thetheoretical knowledge, the techniques and skills needed to interpret financialdata as a financial analyst.


Learning Outcomes

(LO1) Students will be able to understand the role of financial statements in assessingthe performance and position of an entity from the point of view of a financialanalyst

(LO2) Students will be able to critically reflect on the strength and limitations of thefinancial information reported by firms

(LO3) Studentswill be able to develop an awareness of data sources and databases relevant to a role asfinancial analyst

(LO4) Students will be able to write a comprehensive report on a firm based ona critical assessment  of the financialstatements produced by the firm

(S1) Flexible and adaptable

(S2) Problem solving skills

(S3) Numerate

(S4) Commercially aware

(S5) Organised and able to work under pressure

(S6) Communication skills

(S7) IT Literate

(S8) Internationally aware

(S9) Lifelong learning skills

(S10) Ethically aware

Teaching and Learning Strategies

Teaching Method: Online Asynchronous Learning Materials
Description: Recordings will be designed to allow time and space for introducing new topics, demonstrate how they work in reality and in-class exercises and practice.
Unscheduled Directed Student Hours: 12
Attendance Recorded: No

Teaching Method: Large Group Teaching
Scheduled Directed Student Hours: 12
Attendance Recorded: Yes

Teaching Method: Seminar
Description: Seminars will be designed to allow students to understand how topics learnt in the lectures will work in practice and practical exercises.
Scheduled Directed Student Hours: 6
Attendance Recorded: Yes

Teaching Method: Group Study
Description: Bi-weekly 1 hour session to foster student community and engagement by working with others on their ‘active learning’ activities
Scheduled Student Hours: 6
Attendance Recorded: No

Self-Directed Learning Hours: 114
Description: Th ese independent learning hours are aimed at supporting the directed student learning. The module leader will provide guidance in the form of suggested readings and topics to examine with the expectation that students are well prepared to contribute to the tutorial activities and to understand the content of recordings

Skills/Other Attributes Mapping

Skills / attributes: Flexible and adaptable
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Problem solving skills
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Numerate
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Commercially aware
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Organised and able to work under pressureHow this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Communication skills
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: IT Literate
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Internationally aware
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Lifelong learning skills
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Skills / attributes: Ethically aware
How this is developed: Lectures and workshops
Mode of assessment (if applicable): Report

Syllabus
 

Financial Reporting System (IFRS and GAAP)
Ethical frameworks and accounting applications
Financial Reporting Quality
Analysis of Long-Lived Assets
Analysis of Taxes
Analysis of Debt
Analysis of Off-Balance-Sheet Assets and Liabilities
Analysis of Pensions, Stock Compensation, and Other Employee Benefits
Analysis of Inter-Corporate Investments
Analysis of Business Combinations
Analysis of Global Operations
Ratio and Financial Analysis

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.