Nanyang Technological University

Nanyang Business School

Nanyang Business School - Undergraduate Programmes

Course Description

BF2101 Financial Statement Analysis

Acad Unit: 4
Pre-requisite: AB1201

Course Description:

This is a second year course for undergraduate business students. It is mandatory for all banking and finance students. It is optional for non-finance business students.
The course aims to provide participants with an understanding of the use of financial statement information from a user perspective such as equity investor, debtholder, financial analyst and manager. The course examines the impact of different accounting choices on reported earnings, shareholders’ equity, cash flow and various measures of corporate performance. Participants will develop skills in analysing financial statements for investment, credit and other business decisions. In view of the considerable similarities among US Financial Reporting Standards (US GAAP), International Financial Reporting Standards (IFRS) and Financial Reporting Standards in Singapore (FRS) for most of the topics covered in this course, we will focus on FRS in this course. Main differences between FRS and IFRS (and/or US GAAP) will be highlighted where appropriate.