Session1 Mba Termi Fa Snu 2020

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Financial

Accounting
Session 1
Prof Ankur Mehra
MBA Term I (2020-21)
Office: C – 212 D | M: +91 9903831354
E: ankur.mehra@snu.edu.in
School of Management & Entrepreneurship
Shiv Nadar University
Few Points

• This is an important course


• Commerce Students – Don’t be complacent
• Art Students – No Maths involved
• Engineering Students – With little effort you can do well

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Agenda in Session 1
• Course Introduction

• Accounting Framework – A Basic Example

• Case – Ribbons an ’Bows, Inc.

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The Do’s, and The Grading Grading

Quiz/Exam Weight Schedule


• The Do’s
Announced
– Required: Textbook, Course plan and Calculator Quiz 1 10%
Quiz
– Go through the readings suggested as per the session Mid-term Mid-term
plan 20%
Exam Week
– Prepare for the case before coming to the class based Announced
on case‐questions (will be provided to you) Quiz 2 10%
Quiz
– Study‐groups: For learning together and for Project After Session
Project 25%
submission 20
– Contact me when in doubt or have any query : Unannounced
10% Throughout
Class Quizzes
– Office‐ Block C – 212D , Ext 421
– E: Ankur.mehra@snu.edu.in End-term
During End-
Exam + 25%
– M: 9903831354 (Message First) Simulation
term Week

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The Schedule and The Don’ts

Days Timing
Mondays 03:30 PM – 05:00 PM
Wednesdays 03:30 PM – 05:00 PM
Fridays 03:30 PM – 05:00 PM

The Don’ts
– Don’t be late for the class
– Don’t postpone your work
– Don’t violate academic integrity – Heavy Penalties

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Plagiarism (1/3)

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Plagiarism (2/3)

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Plagiarism (3/3)

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Introduction to the Course
• Orientation to Accounting, Accounting Definition, Users and Uses of
financial statements, Qualitative characteristics, basic concepts and
assumptions and the Accounting equation Sessions
1 to 5
• Accounting Cycle: Mechanics of recording transactions in Journal, Ledger
and Trial balance
• Preparation and Understanding of Income Statement Sessions 6, 7, 8
• Preparation and Understanding of Balance sheet Sessions 8, 9, 10
• Using some tools for Analyzing the Financial statements
– Common‐Size, Trend, Ratio analysis Sessions 11, 12, 13

• Preparation and Understanding of Cash flow statement Sessions 13, 14, 15

• Accounting for tangible fixed assets, inventory valuation, Revenue


recognition and trade receivables, Future of Financial Accounting, Sessions 16 to 20
Simulation, Course Wrap-up
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Text Book
Session
Text Book- “Financial Accounting” by Kimmel, Weygandt & 16-20
Kieso, International Student Version, Wiley Publications, 7th Session
Edition; ISBN: 9788126551262 11-15
Session Financial
6-10 Reporting
FSA 2
• Selected IndAS
Reference Text: • Ratio Analysis • Tangible Fixed
• Cash Flow
Accounting: Texts and Cases – Session FSA 1 Statement
Assets
• Inventory Valuation
The Financial Accounting 3-5 • Income Statement • Revenue
• Balance Sheet Recognition
Chapters, 13th Edition, By Robert
Accounting • Trade Receivables
Anthony and David Hawkins and Session Cycle
Kenneth A. Merchant and Prakash 1- 2 • Journal Entry
Singh • Ledger
• Trial Balance
Overview
• ALE
• Transaction
Analysis

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Inter-relationships Between Financial Statement (1/2)

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Inter-relationships Between Financial Statement (2/2)

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Thank You
“Do you know what you are?
You are a manuscript of a divine letter.
You are a mirror reflecting a noble face.
This universe is not outside of you.
Look inside yourself;
everything that you want,
you are already that.”
― Rumi

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