Sheridan Course Outlines

ACCG32008D
Financial Statement Analysis

I: Administrative Information II: Course Details III: Topical Outline(s) Printable Version

Section I: Administrative Information

Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Winter 2015
Prerequisites: (ACCG32004D)
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Bach Bus Admin Market Manage, Bach Business Admin Accounting, Bach Business Admin Finance, Bach Human Resources, BachBus Admin Spply Chain Mgmt
Program Coordinator(s): Tba
Course Leader or Contact: Tba
Version: 1.01
Status: Approved (APPR)

Section I Notes: This course will be delivered in hybrid format.

Section II: Course Details

Detailed Description
This course is an elective course in Bachelor of Business Administration (BBA) Accounting program as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. This course focuses on practical application of the accounting knowledge gained in the core financial accounting courses. The core accounting courses focuses on preparing financial statements, while this course focuses on reading and interpreting the financial statements. The outcomes and learning experiences of these course components will contribute to the students' Creative Learning Portfolio. This course is designed to meet the requirements for the professional accounting programs of study.

Program Context

Bach Bus Admin Market Manage

Program Coordinator: Tba

See Program Context for Accounting.

Bach Business Admin Accounting

Program Coordinator: Tba

This course is an elective course in Bachelor of Business Administration (BBA) Accounting program as well as BBA Finance, BBA Human Resources, BBA Marketing and BBA Supply Chain Management. This course focuses on practical application of the accounting knowledge gained in the core financial accounting courses. The core accounting courses focuses on preparing financial statements, while this course focuses on reading and interpreting the financial statements. The outcomes and learning experiences of these course components will contribute to the students' Creative Learning Portfolio. This course is designed to meet the requirements for the professional accounting programs of study.

Bach Business Admin Finance

Program Coordinator: Tba

See Program Context for Accounting.

Bach Human Resources

Program Coordinator: Tba

See Program Context for Accounting.

BachBus Admin Spply Chain Mgmt

Program Coordinator: Tba

See Program Context for Accounting.

Course Critical Performance and Learning Outcomes

 Critical Performance
By the end of this course, students will have demonstrated the ability
to use financial statement information to identify opportunities and
solve business problems.

Learning Outcomes
To achieve the critical performance, students will have demonstrated
the ability to:
1.  Interpret financial ratios using financial information. 
2.  Identify the key financial ratios that measure value drivers. 
3.  Apply a framework that links value drivers to shareholder value. 
4.  Explain how business strategy and management actions affect key 
    value drivers.
5.  Identify accounting choices, earnings management and off-balance 
    sheet risks/obligations affecting the quality of accounting 
    information.
6.  Analyze business strategy and competitive advantage as inputs to 
    predicting sustainability of growth and profitability. 
7.  Analyze the cash needs of a business.
8.  Assess how economic fundamentals impact accounting choices. 
9.  Explain shareholder value creation by comparing public company   
    data. 
10. Formulate a strategic plan while considering the organization¿s 
    capabilities and environmental context.
11. Apply a systematic approach to evaluating opportunities and 
    challenges facing a business, using various financial analysis 
    techniques.
12. Link financial statement analysis to valuation models.
13. Demonstrate professional behaviours including:
    a. work effectively in a team environment
    b. meet due dates
    c. produce professional quality assignments
    d. use reference materials responsibly

Evaluation Plan
Students demonstrate their learning in the following ways:

In-class activities (5 @ 2%)	10%
Group Assignment		30%
Midterm Exam 		        30%
Final Exam		        30%
		               100%

In addition to achieving a minimum 50% overall grade, a student must
have a combined average of at least 50% on the non-group components of
the evaluation plan in order to receive credit for this course.

Section III: Topical Outline

Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Effective term: Winter 2015
Professor: Multiple Professors
Textbook(s):

Textbook(s): 
Course pack compiled by professor containing required articles from
multiple sources.

Wahlen, J., Baginski, S., Bradsaw, M., Financial Reporting and
Statement Analysis: A Strategic Perspective, 7th edition, Nelson Education

Recommended Reading:
Subramanyam, K.R., Wild, John J., Financial Statement Analysis, 10th
Edition, McGraw Hill

Gibson, Charles, H., Financial Reporting and Analysis, 11th Edition,
2008. Cengage Learning 2008

Applicable student group(s): Bachelor of Business Administration
Course Details:

Description:

Module 1: Ratio Analysis
- Profitability analysis
- Risk analysis
- Cash flow projections
- Earnings qualify
Learning Outcomes: 1, 2, 5, 9
In-class Activity: 2%

Module 2: Financial Instruments and Derivatives
- Risk Assessment
- Impairment
- Writedowns
Learning Outcomes: 3, 4, 5, 8
In-class Activity: 2%

Module 3: Earnings sustainability
- Forecasting Financial Statements
- Linkage to future cash flow
- Limitations of financial data
Learning Outcomes: 1, 4, 6, 7, 9
In-class Activity: 2%

Midterm Exam: 30%

Module 4:  Company Valuation and Risk Assessment
- Dividends valuation approach
- Cash-flow based approaches
- Earnings-based approaches
- Market-based approaches
Learning Outcomes: 2, 3, 4, 7, 8, 10, 12
In-class Activity: 2%

Module 5: Earnings management
- Detecting earnings management
- Bankruptcy detection
- Off Balance Sheet Activities 
- Deconstructing Enron fraud
Learning Outcomes: 4, 5, 8, 11
In-class Activity: 2%
Group Assignment: 30%

Final Exam: 30%

Sheridan Policies

All Sheridan policies can be viewed on the Sheridan policy website.

Academic Integrity: The principle of academic integrity requires that all work submitted for evaluation and course credit be the original, unassisted work of the student. Cheating or plagiarism including borrowing, copying, purchasing or collaborating on work, except for group projects arranged and approved by the professor, or otherwise submitting work that is not the student's own, violates this principle and will not be tolerated. Students who have any questions regarding whether or not specific circumstances involve a breach of academic integrity are advised to review the Academic Integrity Policy and procedure and/or discuss them with the professor.

Copyright: A majority of the course lectures and materials provided in class and posted in SLATE are protected by copyright. Use of these materials must comply with the Acceptable Use Policy, Use of Copyright Protected Work Policy and Student Code of Conduct. Students may use, copy and share these materials for learning and/or research purposes provided that the use complies with fair dealing or an exception in the Copyright Act. Permission from the rights holder would be necessary otherwise. Please note that it is prohibited to reproduce and/or post a work that is not your own on third-party commercial websites including but not limited to Course Hero or OneNote. It is also prohibited to reproduce and/or post a work that is not your own or your own work with the intent to assist others in cheating on third-party commercial websites including but not limited to Course Hero or OneNote.

Intellectual Property: Sheridan's Intellectual Property Policy generally applies such that students own their own work. Please be advised that students working with external research and/or industry collaborators may be asked to sign agreements that waive or modify their IP rights. Please refer to Sheridan's IP Policy and Procedure.

Respectful Behaviour: Sheridan is committed to provide a learning environment that supports academic achievement by respecting the dignity, self-esteem and fair treatment of every person engaged in the learning process. Behaviour which is inconsistent with this principle will not be tolerated. Details of Sheridan's policy on Harassment and Discrimination, Academic Integrity and other academic policies are available on the Sheridan policy website.

Accessible Learning: Accessible Learning coordinates academic accommodations for students with disabilities. For more information or to register, please see the Accessible Learning website (Statement added September 2016)

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Any changes to course curriculum and/or assessment shall adhere to approved Sheridan protocol. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.

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