IEU525 Financial Reporting and Analysis

Code IEU525
Name Financial Reporting and Analysis
Status Compulsory/Courses of Limited Choice
Level and type Post-graduate Studies, Academic
Field of study Economics
Faculty
Academic staff Guna Ciemleja
Credit points 4.0 (6.0 ECTS)
Parts 1
Annotation The issues such as: introduction to principles of financial statements; the structure of financial statements: balance sheet, the income statement, the statement of changes in equity, the statement of cash flows; annex of financial statement; quality standard of financial statement; financial statements for different sectors are discussed..
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Goals and objectives
of the course in terms
of competences and skills
“Financial Statements” is a subject which gives an overview of the content of financial statements as background information on the company's performance and changes in its financial position for different users, so that they could make management decisions. The objectives are: to understand the nature of the financial accounting system, taking into account the particularities of the national accounting systems and the influence of the standardisation of accounting; to be able to describe the general principles of preparation of financial statements, to be able to assess the elements of financial statements, to develop skills necessary to prepare financial statements.
Learning outcomes
and assessment
Able to prepare a balance sheet. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Able to prepare an income statement. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Able to prepare a cash flow statement. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Able to prepare a statement of changes in equity. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Capable of reflecting special accounting issues in financial statements in accordance with Latvian accounting standards. - Students have to solve the relevant tasks that are displayed in lecture materials in the ORTUS system. They are assessed by the teacher. This is an obligatory precondition to be admitted to examination.
Course prerequisites Business Economics

[Extended course information PDF]