BF 639 – Financial Reporting
Course lecturer :
Dr. Wael Moustafa
Course assistant :
Miss Maysa Al Moufty
Course objectives :
This course aims at giving students a more in-depth understanding of the functioning of financial statements .Also to prepare students who wish to concentrate in accounting and who are preparing for a career in accounting and finance .This course addresses the more complex international accounting standards , accounting for combinations, the international dimension and current developments in financial reporting. It covers the use of financial instruments, specific financial reporting issues, and risk-management under IFRS and GAAP.
Course description :
At the end of the course, the students will be able to: 1-Describe the financial statements . 2- Distinguish between IAS , IFRS and GAAP 3- Explain the different classifications and measurements of Financial statement items under IFRS and GAAP 4- Describe the main components of Investment Funds and Commercial Banks\’ financial statements 5- Describe the transactions\’ natures of mergers and acquisitions. 6- Estimate the ability of the firm to sustain growth in the future.
Course assessment :
Assessment form Weighing of assessment grades :
- Final exam 60% 60 grades
- Midterm 20% 20 grades
- Assignments 5% 5 grades
- Projects 5% 5 grades
- Quizzes 5% 5 grades
- Tutorials 5% 5 grades
Recommended text books :
Alexander DBritton, Orison A (6th Edition) International Reporting and Analysis Thompson London .2014
Recommended refrences :
Wild, Bernstein and Subramanyam (7th edition),Financial Statement Analysis ,2000
https://www.ey.com/Publication/vwLUAssets/US_GAAP_versus_IFRS
_The_basics_November_2012/$