Financial Accounting FI101

Rakesh Nair

Cellphones are to be fully switched off in the class.

Laptops are to be used only when required.

Course Outline

Topics	Hrs
The basic accounting Model :
Accounting as an information System	2
Reading and understanding Financial Statements	6
Recording Business Transactions; Measuring Business income	6
Completing the account cycle	2
Measuring and Reporting Assets, Liabilities and Shareholders’ Equity:
Internal control systems, revenues, cash and receivables	6
Investments; Inventories; Fixed assets	5
Liabilities; Shareholders’ equity	3
Analyzing and Interpreting Financial statements:
Financial Statement Analysis;	9
Statement of cash flows /fund flows	6
Total Hours	45
Recommended Text(s):
1) Financial Accounting, A Managerial Perspective,R Narayanaswamy,2nd Ed,Prentice Hall.
(2) Introduction to Financial Accounting, Horngren, Sundem, Elliot,8th Ed,Accademic Internet Publishers.
(3)Accounting Principles ,Anthony&Reece ,6th Ed,A.I.T.B.S.Publishers.
(4) Financial Accounting,P C Tulsian, Tata Mc Graw Hill.
(5) CIMA - Financial Accounting
(6) CIMA - Financial Analysis