School of Business and Management

BUSM054 Financial Reporting

BUSM054 Financial Reporting


1 (2017/18)

Module organiser

Professor Sean McCartney

This module examines the financial reporting of companies, and how such reporting can be analysed to evaluate performance. No prior knowledge of accounting is assumed: students learn how accounts are constructed and analysed, then examine the impact of various issues on the reported numbers. These include the reporting of intangible assets; creative accounting; currency translation; and the use of share options to reward management. The module takes a global perspective and refers largely to the regulatory regime of the International Accounting Standards Board (IASB).

Learning outcomes

By the end of the module, you should be able to:

  • prepare basic periodic company accounting documents
  • prepare financial statements for a company in accordance with the regime of the International Accounting Standards Board (IASB)
  • manipulate accounting data in accordance with selected International Accounting Standards
  • critically evaluate selected International Accounting Standards

Key Text

  • Dunn, John (2010), 'Financial Reporting and Analysis', John Wiley, Chichester.


60% Exam and 40% Coursework: Project