Week 9 [12] [CORE]: Consolidated Statements of Financial Position, Changes in Equity, & Fair Value
Introduction & video There’s a lot to cover here – so I am publishing it early so that you can schedule sufficient time to manage it all. Password: 83408 Apologies for the poor sound. Consolidated Statements of Financial Position [CORE] This is the main work for this session. The previous session covered the preparation of […]
Week 8 [12] [CORE]: Group Accounts: Consolidated Income Statements
[CORE] Group structures, parent companies and subsidiaries, joint ventures and associated companies Resource Checklists Essential core learning and study resources referred to in this post: An introduction to group financial statemenets – elearning resource [A] A self study workbook on the preparation of group income statements [B] A worksheet on the adjustments in group financial […]
Week 7a [11]: Investor ratios
Lecture material The lecture notes for this session are here. There is an online presentation on investor ratios available at ecourse.co.uk/eps. This will run on your computer or ipad. You may need to download a free player app to use on the Apple ipad. There is also a worksheet showing worked examples for calculating earnings […]
Week 7b [CORE]: Interpretation of financial statements
There is a booklet I wrote many years ago as a short but clear introduction to the use of financial ratios in the interpretation of financial statements. It is still useful* today although it is a bit dated in some respects. It can be downloaded from here. *This resource does not cover the interpretation of cash […]
Week 6 [10]: Financial structure – Capital and Income Gearing
This week we will look at the financial structure of a company. We’ll look at how companies are financed, and the relationship between debt and equity, as well as the nature of long and short term finance. We’ll use the financial statements of the Hunting plc to support the session. You can download the group’s […]
Week 5 [9] [CORE]: Working capital management
Introduction Liquidity is a huge issue – especially now. In many cases we don’t really think about it – until it becomes an issue. It usually becomes an issue when liquidity is too low. And when it becomes an issue it can escalate alarmingly and cause considerable damage and distress. Liquidity issues can affect countries. […]
Week 4 [7] [CORE]: Profitability
Profitability – learning notes The learning notes can be found here. Profit In the previous session we saw that liquidity needs to be carefully managed, especially in times of economic depression/recession, if a business is to survive. The current pandemic provides a vivid example of this. However, in order to grow and provide a return […]
Week 3b [4/24] [CORE]: Liquidity
Introduction Having looked (albeit briefly!) at the format and content of the main financial statements we’ll now start looking at the usefulness of the statements, in particular to investors. This week we will look at: a) how accounting data is made up of two components – an economic event and a measurement b) how an […]
Week 3a [4/24] PRIVATE STUDY: Getting financial information: an introduction to published financial statements
Company Reports – Case Study TESCO Tesco Annual Report 2024 You can access and download the latest corporate report of Tesco from https://www.tescoplc.com/investors/reports-results-and-presentations/annual-report-2024 The lecture/self study notes are at http://www.ecourse.co.uk/media/tesco/presentation.pdf Course video: Getting information about a company from Companies House: Tesco plc [CORE] NB: You may have to use this link: https://www.gov.uk/government/organisations/companies-house Course video: Getting […]
Seminar 1
The objective of this seminar is to get you familiar with the effects of typical business transactions on the financial position and performance of a business as shown by its three primary financial statements. The work will focus on a case study, Grekz, which summarises the financial transactions of the business for its first year. […]