Financial Accounting, Analysis and Valuation.

This information is for the 2019/20 session.

Teacher responsible

Dr Stefano Cascino OLD 3.32 and Dr Jose Carabias Palmeiro OLD 2.13


This course is available on the BSc in Business Mathematics and Statistics, BSc in Management, BSc in Mathematics, Statistics, and Business, BSc in Statistics with Finance and Diploma in Accounting and Finance. This course is available with permission as an outside option to students on other programmes where regulations permit. This course is not available to General Course students.

The course is available as an outside option, subject to the course leader's permission, if students have achieved a sufficient standard of performance in the pre-requisite course AC100 Elements of Accounting and Finance or AC102 Elements of Financial Accounting or AC104 Elements of Accounting, Financial Institutions and Financial Management or equivalent.


Students must have completed AC100 Elements of Accounting and Finance, or AC102 Elements of Financial Accounting, or AC104 Elements of Accounting, Financial Institutions and Financial Management.

Course content

The course addresses the theory and practice of financial reporting from a valuation perspective. Accounting practices are examined in the light of historical development, regulatory requirements, theories of income and capital and other approaches to accounting theory and to the use of accounting information in business analysis and valuation. The course objectives are achieved through teaching a variety of financial reporting and valuation issues and topics including the following:

Financial accounting with particular reference to company accounts; Issues in financial accounting including accounting for business combinations under International Accounting Standards; Implications of empirical capital markets research. Business analysis and valuation. The measurement of income, costs and depreciation. The valuation of assets. Further details will be provided at the start of the course.


20 hours of lectures and 10 hours of classes in the MT. 20 hours of lectures and 10 hours of classes in the LT.

There will be a revision class in week 1 of ST.

Formative coursework

Students are expected to come to each class prepared having done the assigned readings and having prepared the assigned exercises

Indicative reading

Detailed reading lists of reference textbooks and journal articles will be provided during the course.


Exam (80%, duration: 3 hours, reading time: 15 minutes) in the summer exam period.
Group assignment (10%) in the MT.
Group assignment (10%) in the LT.

The two group assignments will be presentation/essay assignments comprising group work (total 20%).

Key facts

Department: Accounting

Total students 2018/19: 202

Average class size 2018/19: 15

Capped 2018/19: No

Value: One Unit

Guidelines for interpreting course guide information

Personal development skills

Student performance results

(2016/17 - 2018/19 combined)

Classification % of students
First 31.3
2:1 39.3
2:2 19.3
Third 8.1
Fail 2