ACCG32008D
Financial Statement Analysis |
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Sheridan College resides on land that has been, and still is, the traditional territory of several Indigenous nations, including the Anishinaabe, the Haudenosaunee Confederacy, the Wendat, and the Mississaugas of the Credit First Nation. We recognize this territory is covered by the Dish with One Spoon treaty and the Two Row Wampum treaty, which emphasize the importance of joint stewardship, peace, and respectful relationships.
As an institution of higher learning Sheridan embraces the critical role that education must play in facilitating real transformational change. We continue our collective efforts to recognize Canada's colonial history and to take steps to meaningful Truth and Reconciliation.
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Section I: Administrative Information
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Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Spring/Summer 2020
Prerequisites: ACCG32004D
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: 45 credits including ACCG32004D |
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):
Sean O'Flynn, Carol Bureau, Francis Fasanu, Maryam Hafezi, Mark Weaver
Course Leader or Contact: N/A
Version: 20200519_00
Status: Approved (APPR)
Section I Notes:
This course will be delivered in hybrid format.
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Section II: Course Details
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Detailed Description
This course is an elective course in Bachelor of BusinessAdministration (BBA) Accounting program as well as BBA Finance, BBAHuman Resources, BBA Marketing and BBA Supply Chain Management. Thiscourse focuses on practical application of the accounting knowledgegained in the core financial accounting courses. The core accountingcourses focuses on preparing financial statements, while this coursefocuses on reading and interpreting the financial statements. Theoutcomes and learning experiences of these course components willcontribute to the students' Creative Learning Portfolio. This courseis designed to meet the requirements for the professional accountingprograms of study.
Program Context
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Bach Bus Admin Market Manage |
Program Coordinator(s):
Carol Bureau |
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. This course is designed to meet the requirements for the professional accounting programs of study.
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Bach Business Admin Accounting |
Program Coordinator(s):
Francis Fasanu |
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. This course is designed to meet the requirements for the professional accounting programs of study.
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Bach Business Admin Finance |
Program Coordinator(s):
Mark Weaver |
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. This course is designed to meet the requirements for the professional accounting programs of study.
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Bach Human Resources |
Program Coordinator(s):
Sean O'Flynn |
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. This course is designed to meet the requirements for the professional accounting programs of study.
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BachBus Admin Spply Chain Mgmt |
Program Coordinator(s):
Maryam Hafezi |
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. This course is designed to meet the requirements for the professional accounting programs of study.
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Course Critical Performance and Learning Outcomes
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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.
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Learning Outcomes:
To achieve the critical performance, students will have demonstrated the ability to:
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- Interpret financial ratios using financial information.
- Identify the key financial ratios that measure value drivers.
- Apply a framework that links value drivers to shareholder value.
- Explain how business strategy and management actions affect key value drivers.
- Identify accounting choices, earnings management and off-balance sheet risks/obligations affecting the quality of accounting information.
- Analyze business strategy and competitive advantage as inputs to predicting sustainability of growth and profitability.
- Analyze the cash needs of a business.
- Assess how economic fundamentals impact accounting choices.
- Explain shareholder value creation by comparing public company data.
- Formulate a strategic plan while considering the organization's capabilities and environmental context.
- Apply a systematic approach to evaluating opportunities and challenges facing a business, using various financial analysis techniques.
- Link financial statement analysis to valuation models.
- 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
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Evaluation Plan
Students demonstrate their learning in the following ways:
| Evaluation Plan: IN-CLASS & ONLINE INSTRUCTION
| In-Class Activities (5 @ 2%) | 10.0% | | Group Assignment | 30.0% | | Midterm Exam | 30.0% | | Final Exam | 30.0% | | Total | 100.0% |
Evaluation Notes and Academic Missed Work Procedure: 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.
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Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:
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Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar
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Section III: Topical Outline
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Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Instruction Mode: In-class & Online Instruction
Professor: Multiple Professors
Resource(s): | Type | Description | Required | Other | Course pack compiled by professor containing required articles from multiple sources. | Required | Textbook | Financial Reporting and Statement Analysis: A Strategic Perspective, Wahlen, J., Baginski, S., Bradsaw, M., Nelson Education, 7th edition | Optional | Textbook | Financial Statement Analysis, Subramanyam, K.R., Wild, John J., McGraw Hill, 10th Edition | Optional | Textbook | Financial Reporting and Analysis, Gibson, Charles, H., Cengage Learning, 11th Edition, 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%
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It is recommended that students read the following policies in relation to course outlines:
- Academic Integrity
- Copyright
- Intellectual Property
- Respectful Behaviour
- Accessible Learning
All Sheridan policies can be viewed on the Sheridan policy website.
In alignment with Sheridan's Academic Integrity Policy, students should consult with their professors and/or refer to evaluation instructions regarding the appropriate use, or prohibition, of generative Artificial Intelligence (AI) tools for coursework. Turnitin AI detection software may be used by faculty members to screen assignment submissions or exams for unauthorized use of artificial intelligence.
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. 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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