Accounting
Aims:
Knowledge & understanding of financial statements
Financial problems in a business
How to analyse a business through Ratios
Profitability, liquidity, gearing, investments ratios
Looking at real financial statements of a CRH Company
Using stock exchange and internet to investigate different business performance
Objectives:
To encourage in students an interest in, and a positive attitude towards, numeracy, neatness and accuracy in respect to record keeping.
To enable students to integrate knowledge and skills in a practical and useful way and in particular in applying them to realistic business/personal situations.
Teaching and Learning Strategies:
Classroom Discussion
Formal input by teacher
Group Work
Research based learning using the internet
Content:
Understanding Financial statements
Gross Profit, Net Profit, Balance sheet, Share capital.
Profitability, Liquidity, Gearing and Investment ratios.
What they show and who uses them
Using Kenny Ltd Analyse the performance of this company.
Stock Exchange looking up company financial statements
Analysing company accounts on the stock exchange
Assessment:
Choose 3 Public Limited Companies on the stock exchange that you would buy shares in.
Explain why through your knowledge of interpretation the accounts using ratio analysis
Resources:
Powerpoint presentation on Ratio Analysis
Handout on financial statements of Kenny Ltd
Calculators
Internet
