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2022/2023  BA-BBLCO1215U  Accounting and Financial Analysis

English Title
Accounting and Financial Analysis

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory (also offered as elective)
Level Bachelor
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc and MSc in Business, Language and Culture, BSc
Course coordinator
  • Wenjun Wen - Department of Accounting (AA)
Main academic disciplines
  • Accounting
Teaching methods
  • Face-to-face teaching
Last updated on 12-10-2022

Relevant links
Learning objectives
  • Fully comprehend the accounting equation and double entry-accounting.
  • Understand and be able to explain the difference between cash and accrual accounting.
  • Prepare financial statements from the source data based on accounting transactions and explain the role of ethics in this process.
  • Read, understand and examine the data in an annual report, hereunder the key components in the financial statement.
  • Develop financial ratios for a company and analyze the information content of these measures to make sound business decisions
  • Identify and explain selected components of non-financial reporting provided by companies (GRI, SDGs, etc.)
Examination
Accounting and Financial Analysis:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Winter
Aids Limited aids, see the list below:
The student is allowed to bring
  • An approved calculator. Only the models HP10bll+ or Texas BA ll Plus are allowed (both models are non-programmable, financial calculators).
  • Language dictionaries in paper format
The student will have access to
  • Advanced IT application package
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Description of the exam procedure

Examination based on one or more questions in relation to the course literature.
Course content, structure and pedagogical approach

 

 

  • Accounting and ethics
  • Accounting as a form of communication
  • Financial statements and Annual Reports
  • Double-entry bookkeeping
  • Cash basis and accrual basis of accounting
  • Inventories and Cost of Goods Sold (limited)
  • Cash, receivables and short term investments
  • Fixed Assets (Tangible & Intangible)
  • Goodwill
  • Current Liabilities, Present Value
  • Shareholders’ Equity
  • Cash Flow Statements
  • Financial Statement Analysis


Course aim:
Students learn to develop their understanding of financial accounting via reference to the accounting practices and annual reports of various companies.

 

Throughout the different sessions, students acquire general business knowledge by analyzing the financial statements of diverse companies. The course focuses on companies with different institutional backgrounds, ensuring broader economic context coverage.

 

Analyzing financial data and assessing its quality aims to stimulate students' curiosity about ambiguities in accounting and develop a high degree of analytical and critical thinking. An essential part of the course covers ethical dilemmas and the role of business in solving such humanity challenges as environmental threats, social problems, and sustainable development. We apply an inclusive view on the role of business going beyond a mere focus on profit maximization and considering the ESG impact going from local communities to the global footprint.
Description of the teaching methods
The teaching sessions comprise lectures and class discussions.

Problems and exercises are set for homework and to be included as a part of class discussions.

Various mini case problems are considered, whereby students are expected to analyze and interpret the accounts of a company under certain conditions.

Exercises and mini-cases help to prepare students even better for the final examination.

Though the course is face-to-face there will be integrated elements of blended learning.

On campus, participation is essential to strengthen students' ability to collaborate and provide each other with constructive feedback in discussions. To stimulate an interactive learning environment, we do not record on-campus sessions.
Feedback during the teaching period
The course is supplemented by a blended learning approach through the use of MyLab Accounting. This online platform provides continuous feedback, on the exercises and tests carried out, covering all learning objectives in the book. In addition lectures and workshops will provide extensive opportunities for questions and answers. Students are also encouraged to take full advantage of staff office hours to engage in advancing comprehension of the course objectives.
Student workload
Lectures 27 hours
Exercises 11 hours
Exam 4 hours
Preparation 164 hours
Total 206 hours
Further Information

 

 

 
Expected literature

Harrison, Horngren, C. T., Thomas, C. W., Tietz, W. M., & Suwardy, T. (Eds.). (2018). Financial accounting : international financial reporting standards (Eleventh edition, global edition.). Pearson.

 

We will use the latest edition if available (12th edition, 2019)
Last updated on 12-10-2022