ACCOUNTING FOR BANKING (4 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: explain the knowledge of systematic business banking process, explain the nature of financial systems and the particular roles of banks and the central bank, Utilize spreadsheets and econometric techniques to analyse corporate performance, identify different types of banking and financial systems, including those in emerging countries and countries in transition.

Topics:

1. The mechanicsm of (and the key players in) the banking industry;
2. Format and presentation of banks’ financial statements (I/S, Statement of financial position and cash flow statement);
3. Accounting for investments and other financial assets;
4. Accounting for particular banking activities;
5. Repos and securities lending, hedge accounting, securitisation arrangements, etc;
6. Accounting for business combinations within the banking sector;
7. Industry accounting trends and latest developments.