Financial reports are the primary means by which managers communicate company results to investors, creditors and analysts. These parties use the reports to judge company performance, to assess creditworthiness, to predict future financial performance, and to analyse possible acquisitions and take-overs. Users of financial statements must be able to meaningfully interpret financial reports, construct measures of financial performance and analyse the reporting choices made by companies. The purpose of this course is to give the foundation for such analysis.
Purpose of the course
Participants will gain knowledge of the financial and business environments as well as influence the wealth creation process in a business. They will be able to demonstrate knowledge on the workings and analyses of financial statements.
Admission requirements
Admission requirements
Basic understanding of accounting and financial statements at NQF level 5.
Learning assumed to be in place
National Senior Certificate or an equivalent NQF Level 4 qualification and basic numerical ability.
Course outcomes and assessment criteria
Course outcomes and the associated assessment criteria
Study Unit |
Outcomes |
Assessment Criteria |
| After completion of this course, participants will: | Participant will be assessed on the following criteria: | |
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Assessment
To pass the programme, a participant has to obtain a mark of 50% (or more).
Method of assessment
Learning objectives will be accomplished through the following mix of methods and activities: self-tuition, analysis and discussion of actual cases (case studies); in-class individual and group assignments and exercises; lecturer presentations and company specific problem solutions.
Additional information
Mode of delivery
Contact
Target group
Employees at all levels of a company, probably people entering a position that requires an understanding of financial statements.
Contact us
Contact person name
Prof I Nel
Contact person e-mail
Ines.nel@nwu.ac.za
Contact person telephone number