SU LMS

Lesson Plan

Week	Topics and Readings
1	Introduction to financial reporting. Development of Generally accepted accounting Principles Traditional Assumptions of accounting model Importance of internal control-a new reality Discussion of Questions & Problems	Chapter No: 1
2	Introduction to financial statements and other financial reporting topics Forms of Business entities The Financial Statements Comprehensive Income The Accounting cycle Auditor’s opinion Management Responsibility for Financial statements	Chapter No: 2
3	Proxy Summary Annual Report EMH Consolidated Statements Business combinations Accounting Discussion of Questions & Problems	Chapter no:2
4	Balance Sheet Basic Elements of Balance Sheet Assets Liabilities Stock holders’ Equity	Chapter no:3
5	Quasi Reorganization Other Comprehensive Income Employee stock Ownership plans Treasury stock Stock holder’s equity in unincorporated firms International consolidated Balance Sheet Discussion of Questions & Problems	Chapter no:3
6	Income Statement Basic elements of Income Statement Special Income Statement items Unusual and Infrequent Items disclosure Equity in earnings of non-consolidated subsidiries Income taxes related to operations Discontinued operations Extra ordinary items Cumulative effects of change in accounting principle Net income-non controlling interest	Chapter no:4
7	Earnings per share Retained Earnings Dividend and stock splits Distributions to stockholders Comprehensive income International consolidated income statement Discussion of Questions & Problems	Chapter no:4
8	Basis of Analysis Ratio analysis Common size analysis Vertical analysis Horizontal analysis Year to year change analysis Variation due to type of industry Comparison Trend analysis Discussion of Questions & Problems	Chapter no:5
	Mid Term Exam
9	Liquidity of short- Term Assets; related debt paying ability Current assets Current liabilities Operating cycle Liquidity ratios	Chapter no:6
10	Other liquidity considerations Discussion of Questions & Problems Guest speaker session	Chapter no:6
11	Long term debt paying ability Income statement consideration when determining long term debt paying ability Balance sheet consideration when determining long term debt paying ability Special items that influence a firms long term debt paying ability Long term assets verses long term debt Long term leasing Pension plans Joint ventures Discussion of Questions & Problems	Chapter 7
12	Profitability Profitibility measures Trends in profitability Segment reporting Revenues by major product lines Gains and losses from prior period adjustments Comprehensive income Pro forma financial information	Chapter 8
13	Profitability Interim reports Discussion of Questions & Problems For the investor Leverage and its effects on earnings Earnings per common share Price to earnings ratio Percentage of retained earnings	Chapter 8, Chapter 9
14	For the investor Dividend payout Dividend yield Book value per share Stock options Restricted stock Stock appreciation rights Discussion of Questions & Problems	Chapter 9
15	Statement of cash flows Elements of Statement of cash flows Financial ratios and statement of cash flows Alternative cash flows Discussion of Questions & Problems	Chapter 10

16 Presentations