NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM

SCHOOL OF ADVANCED EDUCATIONAL PROGRAMS Independence – Freedom – Happiness

GENERAL SYLLABUS

1. GENERAL INFORMATION
Title: FINANCIAL STATEMENT ANALYSIS
Course number:
Type: Specialization Selective Course
Units: 3 credits
- Theoretical hours: 30
- Practical hours: 15
Prerequisite: ACCT 201
Class: Accounting 63
Program: Advanced Education Program
2. LECTURER’S INFORMATION
Full name: Phan Trung Kien
Address: Rm. 1114 (Auditing Department), Block A1, NEU
Telephone: 0913 500373
E-mail: [email protected]
Institute: School of Accounting and Auditing
3. COURSE DESCRIPTIONS
This course provides an in-depth examination of corporate accounting issues and financial
reporting standards as well as the analysis and interpretation of financial statements prepared
under those standards. Since this course almost describes the analysis of financial statements
and company valuation. Financial statement analysis is the application of analytical tools,
technology, and techniques to general-purpose financial statements and related data to derive
estimates and inferences useful in business analysis. Financial statement analysis comprises
of accounting analysis, financial analysis, and valuation. Particular emphasis will be given
to the application and interpretation of International Financial Reporting Standards (IFRS).
It also covers significant differences between IFRS and Vietnamese accounting policies,
including Vietnamese Accounting Standards and relevant accounting rules. Typical topics
covered in the course include the business finance, accounting, management, internal and
external environment of business, quantitative techniques, and comprehensive or integrating
experience needed.
4. LEARNING RESOURCES:
4.1. Textbooks:
[1]. Charles Gibson (2013), Financial Reporting and Analysis: Using Financial Accounting
Information, 13th edition, South-Western Cengage Learning.
4.2. Reference books:
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 [2]. Nguyen Van Cong (2017). Financial Statement Analysis (in Vietnamese). Hanoi. National
Economics University Publishing House.
[3]. NEU’s eBooks and documents at http://lic.neu.edu.vn:2048/menu: Emerald Insight, IG
Publishing eBook and ProQuest Central
5. COURSE GOALS
Program
Course Learning Level of
Goal Description
Goals Outcomes competence
(PLO)
[1] [2] [3] [4]
Understand the role of accounting information in
G1 1.3; 1.4 II
decision making.
G2 Interpret financial statement items. 1.4 II
Understand and apply analysis techniques in real
G3 1.4 III
financial reports.
6. COURSE LEARNING OUTCOMES (CLO)
Course Level of
CLO Descriptions
goals competence
[1] [2] [3] [4]
Understand the principles of accounting on which
CLO 1.1 II
financial reports are based.
Explain different needs of financial statement users
CLO 1.2 II
related to specific financial indicators.
G1
Describe components of financial reports, including
auditor’s report management discussion,
CLO 1.3 III
management’s responsibility for financial
statements, and summary of the annual report.

CLO 2.1 Identify and interpret balance sheet items. II

Identify and interpret income statement items,

CLO 2.2 II
G2 including special income statement items.

Identify and interpret cash flow statement items,

CLO 2.3 III
including ratios related to this statement.
Understand basic financial statement analysis
CLO 3.1 techniques, including ratio analysis, common-size II
G3 analysis, and year-to-year change analysis.
Understand and apply analysis techniques for
CLO 3.2 III
assessing short-term liquidity.
Understand and apply analysis techniques in
CLO 3.3 III
assessing long-term debt-paying ability.
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 Understand and apply analysis techniques in
CLO 3.4 III
assessing profitability.
Understand and apply analysis techniques to make
CLO 3.5 III
decisions from the investors’ perspective.

7. COURSE ASSESSMENT

Assessment Assessment Percentage

Description Time CLO
methods indicators (%)

[1] [2] [3] [4] [5] [6]

Quality of
- Contribute to all lessons
Discussion; answers
10%
quizzes Based on
- Quizzes Week #4, 6
answers
- Reviewing fundamental
True/ False
knowledge regarding CLO:
Midterm questions and
financial statements Week #8 1.1-1.3; 20%
Exam problem
and basic application of 2.1-2.3
solving
analytical techniques
- The quality
of problems
solving
CLO:
- Analyzing a company’s regarding
Group Submission 1.1-1.3;
financial statements for requirements. 20%
Assignment - Week #15 2.1-2.3;
a selected purpose. - Other criteria
3.1-3.3
related to
data and its
format.
- Apply analytical
techniques to solve a
problem.
- True/False
- Realize a business by CLO:
NEU’s questions
Final Exam using the results of 1.1-1.3; 50%
schedule - Problem
analysis. 2.1-2.3
solving.
- Identify problems by
analyzing financial
statements.
8. LESSON PLAN
Table 8-1. Lesson plan
Assessment
Class Topics CLO Learning and teaching activities
methods
[1] [2] [3] [4] [5]
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 Lecture and discussion: Chapter 1
Questions: 1-3, 1-4, 1-5, 1-6, 1-7, 1-8, 1-
Week - Chapter 1:
CLO 1.1, 11, 1-12, 1-14, 1-15, 1-16, 1-17, 1-18, 1-
#1 Introduction to Participation
1.2, 1.3 19, 1-21, 1-22, 1-24, 1-28, 1-29, 1-37, 1-
Financial & Discussion
38, 1-41, 1-44
Reporting
Problems: 1-1, 1-2, 1-3, 1-4, 1-5
Cases: 1-4, 1-6, 1-7, 1-9
- Chapter 2:
Lecture and discussion: Chapter 2
Introduction to
Questions: 2-1, 2-2, 2-4, 2-10, 2-11, 2-12,
Financial
Week CLO 1.1, 2-37 Participation
Statements and
#2 1.2, 1.3 Problems: 2-5, 2-6, 2-7, 2-8, 2-9 & Discussion
Other Financial
Cases: 2-1, 2-3, 2-5, 2-6
Reporting
Topics
Lecture and discussion: chapter 3
Questions: 3-2, 3-3, 3-4, 3-5, 3-8, 3-9, 3-
CLO 1.2, 10, 3-11, 3-12, 3-13, 3-15, 3-16, 3-17, 3-
Week - Chapter 3: Participation
2.1 18, 3-20, 3-22
#3 - Balance Sheet & Discussion
Problems: 3-1, 3-2, 3-4, 3-5, 3-6, 3-7, 3-
8, 3-9, 3-10, 3-11, 3-12, 3-13, 3-14
Cases: 3-1, 3-2, 3-3, 3-4, 3-5, 3-6, 3-7
Lecture and discussion: Chapter 4
- Chapter 4: Questions: 4-2, 4-5, 4-16 Participation
Week CLO 1.2,
- Income Problems: 4-1, 4-2, 4-8, 4-9, 4-10, 4-11,
#4 2.2 & Discussion
Statement 4-12, 4-14, 4-15, 4-16, 4-17
Cases: 4-1, 4-2, 4-5
CLO 1.1-
- Quiz #1 Questions cover chapters from 1 to 3. MCQ
1.3
Week Lecture and discussion: Chapter 5
- Chapter 5: Participation
#5&6
Basics of CLO 3.1 Questions: 5-2, 5-3
& Discussion
Analysis Problems: 5-1, 5-2, 5-7, 5-8
Lecture and discussion: Chapter 6
Questions: 6-1, 6-2, 6-7, 6-8, 6-9, 6-13, 6-
- Chapter 6:
14, 6-17, 6-18, 6-19, 6-20, 6-21, 6-27, 6-
Liquidity of
28, 6-32, 6-35, 6-36, 6-37, 6-40, 6-41, 6-
Short-Term CLO 1.2; Participation
Week Assets; Related 42
3.2 & Discussion
#7&8 Debt-Paying Problems: 6-1, 6-2, 6-4, 6-6, 6-9, 6-10, 6-
12, 6-13, 6-15, 6-16, 6-19, 6-20, 6-21, 6-
Ability
22, 6-23, 6-24
Cases: 6-3, 6-5, 6-6, 6-7, 6-8
- Quiz #2 It covers chapters such as 4, 5, and 6 MCQ
Week - Chapter 7: CLO 1.2; Participation
Lecture and discussion: Chapter 7
#9 Long-Term 3.3 & Discussion
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 Debt-Paying Questions: 7-1, 7-4, 7-5, 7-9, 7-15, 7-22,
Ability 7-27
Problems: 7-1, 7-2, 7-4, 7-5, 7-6, 7-7, 7-
8, 7-9, 7-10, 7-11
Cases: 7-2, 7-10, 7-11
Lecture and discussion: Chapter 8
Questions: 8-4, 8-8, 8-12, 8-13
Week - Chapter 8: CLO 1.2; Participation
Problems: 8-1, 8-2, 8-3, 8-4, 8-5, 8-6, 8-
#10 Profitability 3.4 & Discussion
9, 8-11, 8-13
Cases: 8-1, 8-7, 8-8, 8-9, 8-10
CLO 1.1-
Week 1.3; 2.1-
- Mid-term Chapter 5 to Chapter 8 Answers
#11 2.3; 3.2,
3.3
Lecture and discussion: Chapter 9
Week - Chapter 9: For Questions: 9-2, 9-5, 9-6, 9-7, 9-9, 9-11 Participation
CLO 3.5
#12 the investors Problems: 9-1, 9- 4, 9-7, 9-10, 9-14 & Discussion
Cases: 9-1
Lecture and discussion: Chapter 10
Questions: 10-11, 10-12, 10-13, 10-15,
- Chapter 10:
Week CLO 2.3 10-18, 10-20 Participation
Statement of
#13&14 Problems: 10-1, 10-2, 10-3, 10-4, 10-6, & Discussion
Cash Flows
10-7, 10-8, 10-11, 10-13
Cases: 10-3, 10-8, 10-10, 10-11
- Wrap-up lesson
Week Questions &
- How to prepare All chapters
#15 answers
the final exam
(Notes: The schedule is tentative and subject to change during the course. Any changes on the
schedule WILL BE announced in the class or by email).

9. COURSE REQUIREMENT & EXPECTATION

Students are expected to study the chapter readings in-depth prior to each class meeting. It is
MOST IMPORTANT in accounting courses NOT to get behind in your work. Course material is
much more easily understood by reading the textbook, trying to work the problems, attending class
for additional explanations, and reviewing problems (reworking them again) soon after they are
worked in class.
The method of instruction shall be a discussion of chapter material, discussion of previously
assigned homework solutions, and followed by coverage of the thought processes used in solving the
next homework assignments. The problems selected for assignments are designed to prepare the
students for real-world accounting issues. Students are encouraged to ask questions and to request
more explanation of some points if they remain uncertain about concepts or other items discussed.
Students in this class are expected to:
1) use the university email systems.

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 2) use a word processing program and Excel processing program for writing and calculation
assignments (e.g., Microsoft Word and Microsoft Excel).
3) be able to access assigned websites through the internet.
4) use the library databases to find peer-reviewed journal literature.
5) be able to create a PowerPoint presentation.
6) be able to paraphrase concepts without plagiarizing.
10. DATED: ……………………..
SCHOOL OF ADVANCED FACULTY LECTURER
EDUCATIONAL PROGRAMS

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