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    shahin317
    1) The document is an assignment submitted by Md. Ariful Islam to Dr. Prashanta Kumar Banerjee analyzing a course on financial statement analysis and its application to careers. 2) The course covered topics such as accounting principles, financial reporting standards, income statements, balance sheets, cash flow statements, and financial analysis techniques. 3) Md. Ariful Islam notes that the learning from the course is directly applicable to his job at Bangladesh Bank where he examines financial institutions and helps build better governance in the banking sector.

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    Assignment

    Uploaded by

    shahin317
    193 views4 pages
    1) The document is an assignment submitted by Md. Ariful Islam to Dr. Prashanta Kumar Banerjee analyzing a course on financial statement analysis and its application to careers. 2) The course covered topics such as accounting principles, financial reporting standards, income statements, balance sheets, cash flow statements, and financial analysis techniques. 3) Md. Ariful Islam notes that the learning from the course is directly applicable to his job at Bangladesh Bank where he examines financial institutions and helps build better governance in the banking sector.

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    1) The document is an assignment submitted by Md. Ariful Islam to Dr. Prashanta Kumar Banerjee analyzing a course on financial statement analysis and its application to careers. 2) The course covered topics such as accounting principles, financial reporting standards, income statements, balance sheets, cash flow statements, and financial analysis techniques. 3) Md. Ariful Islam notes that the learning from the course is directly applicable to his job at Bangladesh Bank where he examines financial institutions and helps build better governance in the banking sector.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    193 views4 pages

    Assignment

    Uploaded by

    shahin317
    1) The document is an assignment submitted by Md. Ariful Islam to Dr. Prashanta Kumar Banerjee analyzing a course on financial statement analysis and its application to careers. 2) The course covered topics such as accounting principles, financial reporting standards, income statements, balance sheets, cash flow statements, and financial analysis techniques. 3) Md. Ariful Islam notes that the learning from the course is directly applicable to his job at Bangladesh Bank where he examines financial institutions and helps build better governance in the banking sector.

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    Assignment on

    "Learning from Analysis of Financial


    Statement & it's application in career

    Submitted To:

    Dr. Prashanta Kumar Banerjee


    Professor
    Bangladesh Institute of Bank Management-BIBM

    Submitted By:

    Md. Ariful Islam

    Roll-24;

    MEcon (2nd Batch.)

    Deputy Director

    Bangladesh Bank

    Date of Submission: 08 January, 2016.


    Learning from Course no-521 - Analysis of
    Financial Statement

    This course elucidates the objectives of financial statements in a significant approach. The
    accounting principles used in compiling financial statements and the qualitative characteristics of
    data appearing on financial statements are relevantly and reliably described. This course
    encompasses: Financial Reporting Mechanics, Financial Reporting Standards, Understanding the
    Income Statement, Understanding the Balance Sheet, Understanding the Cash Flow Statement,
    Financial Analysis Techniques, International Standards Convergence, Financial Statement
    Analysis: Applications, Long - Term Liabilities and Leases, Multinational, Operations, Reporting
    Quality etc. Under the guidance of the course instructor a broad syllabus has been covered. The
    learning from this course are depicted below:

    Definition of Accounting; Extended Accounting Equations;


    Process involved with accounting; Accounting Standards (GAAP &
    Transaction Vs Events; IFRS) issue of Convergence;
    Accounting Principles & Bank's Financial Statement;
    Assumptions; Income & Expense;
    Accounting Equations;
    Difference between Expense Vs Capital Adequacy Ratio;
    Expenditure; Fund Utilization Ratio;
    Asset =Liability+Equity; Earnings Ratio;
    Types of Asset- a) current asset, b) Productivity & Efficiency Ratio;
    non-current asset; Accounting Period (Periodically
    Types of liabilities- a) current Assumption);
    liability, b) non- current liability; Provision & Reserve;
    Income statement; Discount: a) Cash, b) Trade
    Balance Sheet; Depreciation- Treatment of
    Cash flow Statement; Depreciation in FS & BS;
    Equity/Capital; Cost : Type of Cost a) Prime Cost, b)
    Bank's Balance Sheet; Conversion;
    Liquidity Ratio (Current Ratio,
    Quick Ratio or Acid Test Ratio);
    Profit & Cost; Specific Definitions: 1) A/C Payable
    Waiver Vs Rebate; (Notes Payable) , 2) A/C
    What is Financial Statement Receivables, 3) Accumulated
    Analysis? Depreciation, 4) Bad Debt Expenses,
    Measures & Standards: a) Liquidity, 5) Depreciation, 6) Intangible Asset,
    b) Solvency, c) Productivity, d) 7) Current Asset, 8) Current
    Profitability; Liability, 9) Retained Earnings, 10)
    Sales Returns & Allowances, 11)
    Unearned Service revenue.

    ........ it's application in career.

    This course has significant impact for any learner in shaping career. But already being in
    a job like central bank, its huge opportunity to implement the learning directly in regular
    task. The learning from this course will help in reporting, examining financial statements,
    conducting effective inspection on banks & financial institutions, tracking fraud and
    forgeries etc. Thus the learning will give a boost to career.

    Currently I am working at Department of Financial Institute & Market- DFIM of


    Bangladesh Bank. Where I have to examine monthly Risk Management Paper, Risk
    Management Minutes and prepare consolidated Risk Management report also have to
    scrutinize the inspection reports on 33 financial institutions. While performing regular
    task now I frequently use these tools learned from this course. These tools are really
    effective for a professional specially in banking sector.

    So learning from this course beyond doubt going to help every professional in their career
    building. Really thankful to the course conductor for making the learning process so vivid
    & lively. All these learning will help performing regular task efficiently with more
    prudence. Thus, in turn will help in building better governance in banking sector.

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