Module Identifier AC31010  
Academic Year 2001/2002  
Co-ordinator Mr Huw Rhys  
Semester Semester 2  
Other staff Mr Huw Rhys  
Pre-Requisite AC30820  
Co-Requisite AC30920  
Course delivery Lecture   15 Hours /Seminars and Tutorials  
Assessment Course work     40%  
  Exam   2 Hours   60%  


Corporate financial statements can represent genuine managerial performance or they can represent an illusion of performance. Companies have choice in how they report their financial condition and results of operations. Despite progress in eliminating undesirable reporting practices, areas remain in which alternative practices are equally acceptable for reporting essentially identical business transactions. The module aims to equip students with the knowledge and skill to analyse the use of publicly available financial information to assess the financial performance and future prospects of a firm.

Learning outcomes

After completing this module students should be able to:

Reading Lists

** Recommended Text
R W Scott. (1999) Financial Accounting Theory. Prentice-Hall
G Foster. (1985) Financial Statement Analysis. Prentice-Hall
** Should Be Purchased
K G Palepu, P M Healy and V L Bernard. (2000) Business Analysis and Valuation: Text and Cases. Thomson Learning
** Recommended Text
B Rees. (1996) Financial Analysis. 2nd. Prentice-Hall