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ACC316Management Sciences3 Unitsintermediate

Analysis Of Financial Statement

This course provides an in-depth analysis of financial statements, equipping students with the skills to interpret and evaluate a company's financial performance and position. It covers accounting and reporting concepts, company accounts, and the preparation of key financial statements such as the balance sheet, income statement, and cash flow statement. Students will also learn to analyze financial ratios, manage working capital, and apply linear programming techniques for short-term decision-making and production control.

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60h
Study Time
13
Weeks
5h
Per Week
intermediate
Math Level
Course Keywords
Financial StatementsRatio AnalysisWorking CapitalLinear ProgrammingProduction Control

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
📊
Math Level
Moderate Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Financial Statement Analysis

2

Accounting and Reporting Concepts

3

Financial Ratio Analysis

4

Working Capital Management

5

Linear Programming

6

Production Control

7

Cash Flow Statement

Total Topics7 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

Assignments

Comprehensive evaluation of course material understanding

Written Assessment

Tutor-Marked Assessments

Comprehensive evaluation of course material understanding

Written Assessment

Final Examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Financial Analyst

Apply your skills in this growing field

Management Accountant

Apply your skills in this growing field

Financial Manager

Apply your skills in this growing field

Investment Banker

Apply your skills in this growing field

Credit Analyst

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingFinanceManufacturingConsultingInvestment Management

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Introduction to Financial Statement

2h

Unit 1: Acounting and Reporting Concepts

2 study hours
  • Read Unit 1: Accounting and Reporting Concepts, focusing on the IASB framework and the objectives of financial statements.
  • Complete the self-assessment exercises to test your understanding of the IASB framework and qualitative characteristics.
Week
2

Module 1: Introduction to Financial Statement

2h

Unit 2: Company Accounts and Report

2 study hours
  • Study Unit 2: Company Accounts and Report, paying attention to the provisions of CAMA and the users of accounting information.
  • Review the contents of financial statements and the requirements for notes to the accounts.
Week
3

Module 1: Introduction to Financial Statement

2h

Unit 3: Introduction to Financial Statement

2 study hours
  • Examine Unit 3: Introduction to Financial Statement, focusing on the overview and main components of financial statements.
  • Understand the role of financial statements as a management tool for decision-making.
Week
4

Module 1: Introduction to Financial Statement

2h

Unit 4: Balance Sheet

2 study hours
  • Analyze Unit 4: Balance Sheet, paying attention to the basic elements, usage, and limitations of the balance sheet.
  • Practice preparing a balance sheet using the provided examples.
Week
5

Module 1: Introduction to Financial Statement

2h

Unit 5: Income Statement

2 study hours
  • Study Unit 5: Income Statement, focusing on the basic elements, usage, preparation, and limitations of the income statement.
  • Review examples of income statements and practice preparing one.
Week
6

Module 1: Introduction to Financial Statement

2h

Unit 6: Cash Flow Statement

2 study hours
  • Examine Unit 6: Cash Flow Statement, paying attention to the basic elements, sources and uses of cash, and cash flow management.
  • Practice preparing a cash flow statement using the provided examples.
Week
7

Module 2: Financial Ratios Analyses

2h

Unit 1: Liquidity Ratios

2 study hours
  • Study Unit 1: Liquidity Ratios, focusing on the different types of liquidity ratios and their usage.
  • Practice computing liquidity ratios using financial statement data.
Week
8

Module 2: Financial Ratios Analyses

2h

Unit 2: Profitability Ratios

2 study hours
  • Study Unit 2: Profitability Ratios, focusing on the different profitability ratios and their computation.
  • Practice computing profitability ratios using financial statement data.
Week
9

Module 2: Financial Ratios Analyses

2h

Unit 3: Leverage Ratios

2 study hours
  • Study Unit 3: Leverage Ratios, focusing on the different types of leverage ratios and their implications.
  • Analyze the impact of debt ratios on a company's financial health.
Week
10

Module 2: Financial Ratios Analyses

4h

Unit 4: Activity Ratios

2 study hours
  • Study Unit 4: Activity Ratios, focusing on the measurement of overall performance using activity ratios.
  • Practice computing activity ratios and interpreting their results.

Unit 5: Investment Ratios

2 study hours
  • Study Unit 5: Investment Ratios, focusing on the measurement of investment performance using investment ratios.
  • Practice computing investment ratios and interpreting their results.
Week
11

Module 3: Working Capital

2h

Unit 1: Cash Management

2 study hours
  • Study Unit 1: Cash Management, focusing on cash management and control, sensitivity analysis, and motives for holding cash.
  • Review cash management strategies and techniques.
Week
12

Module 3: Working Capital

4h

Unit 2: Receivables Management

2 study hours
  • Study Unit 2: Receivables Management, focusing on credit sales versus cash sales and credit policy.
  • Analyze the nature and goals of credit policy.

Unit 3: Inventory Management

2 study hours
  • Study Unit 3: Inventory Management, focusing on the nature of and need for inventory and inventory management techniques.
  • Review inventory management strategies and techniques.
Week
13

Module 3: Working Capital

2h

Unit 4: Simulation Approach to Working Capital

2 study hours
  • Study Unit 4: Simulation Approach to Working Capital, focusing on the simulation approach to working capital.
  • Understand the application of simulation in working capital management.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Thoroughly review all key financial statements: Balance Sheet, Income Statement, and Cash Flow Statement.

2

Practice calculating and interpreting financial ratios from Units 1-5 of Module 2; focus on understanding what each ratio indicates about a company's financial health.

3

Master the concepts of working capital management from Module 3, including cash management, receivables management, and inventory management.

4

Understand the application of linear programming for short-term decision-making from Module 4; practice formulating and solving linear programming problems.

5

Review all Tutor-Marked Assignments (TMAs) and ensure you understand the solutions; pay close attention to areas where you struggled.

6

Create flashcards for key terms and formulas to aid memorization and quick recall during the exam.

7

Allocate specific study time for each module, focusing on areas where you feel less confident.

8

Practice solving past exam papers to familiarize yourself with the exam format and time constraints.

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