Gives an overview of the objectives and framework of financial reporting for prospective corporate consumers of financial information, such as managers, stockholders, investors, creditors and financial analyst. Emphasis will be on analysis and interpretation of corporate financial reports and publically available financial information for risk assessment, forecasting and decision-making. The course will emphasize cross boarder financial reporting and Analysis(eg IFRS and role of IASB) in global capital market. Ethical dimensions of corporate financial reporting will be considered. Topics include income measurement, receivables, inventory, long-lived assets investment, liabilities , equity and affiliates off- balance sheet items and cash flow analysis

Pre-requisites: ACCT508*

Co-requisites: ACCT 508