AZERBAIJAN STATE UNIVERSITY of ECONOMICS

INTERNATIONAL SCHOOL OF ECONOMICS

COURSE SYLLABUS

Top Management Reporting

I. Genereal Information about the Course
Name of the course: Top Management Reporting– (based on IFRS)
Total hours: 60; lectures: 30; seminar: 30; practic activity (laboratory): 0
Academic year: 2023-2024; Semestr: I; Full-time education
II. Information about lecturer: Abdulkarim Sadigov
E-mail: abdulkarim_sadigov@unec.edu.az
III. Required course books and literature:
Main course book:
1) ACCA Paper - Advanced Performance Management Published by BPP Learning Media
2) ACCA paper F7 Financial Reporting BPP learining media publishing.

Additional literature:
IV.
1) Wiley IFRS 2020 Interpretation and Application of IFRS Standards
2) Wiley IFRS Essentials

The aim of the course: The main aim of the “ Top Management Reporting” course to
introduce fundamental principles and practices of financial reporting, develop skills and
attitudes useful in a dynamic business environment, provide a foundation for further
studies in reporting provide an acceptable level of competence for entry-level
employment, teach the students the modern reporing principles.

V. The thematic plan of the course:

Weeks The topics and their brief descriptions

1 The importance of top management accountability for strategic management

2 Modern approaches to top management accountability and Use of top management

reports in making management decisions

3 Information base of top management accountability

4 Components of top management reporting

5 Preparation of cash flow statement for top management reporting-1

Preparation of cash flow statement for top management reporting-2
6

Importance of Consolidated statements for top management decisions

Brief description: In this chapter we will look at the major definitions in consolidation.
7 These matters are fundamental to your comprehension of group accounts.

Preparation of consolidated profit and loss statement-1

Brief description: This chapter deals with the consolidated statement of profit or loss and the
8 consolidated statement of profit or loss and other comprehensive income. Most of the
consolidation adjustments will involve the statement of profit or loss, so that is the focus of
this chapter

Preparation of consolidated profit and loss statement-2

Brief description: This chapter deals with the consolidated statement of profit or loss and the
9 consolidated statement of profit or loss and other comprehensive income. Most of the
consolidation adjustments will involve the statement of profit or loss, so that is the focus of
this chapter
Analysis of consolidated profit and loss statement
10

Preparation of the consolidated financial position statement-1

11
Brief description:. This chapter introduces the basic procedures required in consolidation
 and gives a formal step plan for carrying out a statement of financial position consolidation

Preparation of the consolidated financial position statement-2

12 Brief description:. This chapter introduces the basic procedures required in consolidation
and gives a formal step plan for carrying out a statement of financial position consolidation
Analysis of consolidated financial position statement
13

VI. Grading plan

Components of grading Score
1) Activity 20
2) Midterm 30
3) Final exam 50
Total 100

VII. Auditory hours:

A student not attending more than 25 per cent (x > 25%) of auditory hours of the subject
will not be allowed to enter the exam. (Order of The Education Ministry of the AR,
Resolution of the AR Cabinet of Ministers #348 dated 24 December 2013)
The forbidden matters
During midterm and final exams are forbidden looking to materials of other persons,
talking to each other, use of a phone and conspectus materials, recopy or presenting
others’ materials as his (her) own. It is strictly forbidden to provoke an exam controller
into doubt with words and moves.
VIII. Attention: these terms must be met.
In addition to theoretical and practical materials, the program includes case studies, role-
playing, business games, presentations of various scenarios, group and project work,
using modern teaching methods and technologies.
Attention: Lectures and seminars should be taught in their own language, and issues not
related to education should not be discussed.
The following auxiliary teaching methods should be widely used in accelerating and
stimulating the active participation of students:
- team work is a collaborative effort to summarize the results of individual work of team
members through sharing of competence and responsibilities and to address common
issues of the undergraduate group under the guidance of a leader. Working in a group
encourages mutual understanding, responsibility and co-operation among students;
- business games are the form of animation of the social and concrete content of future
professional activity of the specialist. Roles are the role of professional activity of
students in the implementation of the functions of specialists in different workplaces.
Students are divided into groups, they are given a subject and are asked to play the
situational role. It prepares them for similar situations in real working conditions;
- development of critical thinking - a method of teaching a new idea of creativity and the
ability to predict new possibilities and oriented to magistrates logic, reflexion;
- The analysis of specific cases is the analysis of problematic situations in the field of
professional activity and the search for options that have better solutions. Students are
given a detailed and actual analysis of the situation. They then review the critical
situation, discover positive potential practices and problems, and learn from others'
experiences;
- training games - allowing students (single or group) to solve specifically modeled tasks
so that they understand the subject better through the analysis;
- collective discussion: "brain storming". Students have a problem and are asked to be
able to deal with this problem as much as possible in a very short time. Collecting ideas,
grouping them and classifying them in categories leads to a better understanding of the
problem and strengthens the sense of collaboration (collective work);
The above mentioned teaching methods and methods should be used in the curriculum,
and each should be adapted to the students’ groups individually.
 IX. Exam Questions

№ Mövzü Sualın Sualın Sualın mətni

çətinlik çəkisi
səviyyəsi

1. 01 1(Asan) 5 Compare planning and control between the strategic and operational levels
within a business entity.

2. 01 1(Asan) 5 Explain the role of strategic performance management in strategic planning

and control.

3. 01 1(Asan) 5 Discuss the role of performance measurement in checking progress towards

the corporate objectives.

4. 01 2(orta) 10 Problem solving- Case study- Strategic management – 1 stage

5. 01 2(orta) 10 Problem solving- Case study- Strategic management – 1 stage

6. 01 2(orta) 10 Problem solving- Case study- Strategic management – 1 stage

7. 01 3(Çətin) 20 Problem solving- Case study- Strategic management – 2 stages

8. 02 1(Asan) 5 Evaluate the compatibility of management accounting objectives and the

management accounting information systems.

9. 02 1(Asan) 5 Discuss the principal internal and external sources of management

accounting information, their costs and limitations.

10. 02 2(Orta) 10 Problem solving- Case study- Evaluate the output reports of an
information system – 1 stage

11. 02 2(Orta) 10 Problem solving- Case study- Evaluate the output reports of an
information system – 1 stage

12. 02 2(Orta) 10 Problem solving- Case study- Evaluate the output reports of an
information system – 1 stage

13. 02 2(Orta) 10 Problem solving- Case study- Evaluate the output reports of an
information system – 1 stage

14. 03 1(Asan) 5 Discuss the integration of management accounting information within an

overall information system, for example the use of enterprise resource
planning systems.
15. 03 1(Asan) 5 Evaluate the external and internal factors (eg anticipated human behaviour)
which will influence the design and use of a management accounting system

16. 03 2(Orta) 10 Problem solving- Case study- Evaluate the output reports of an
information system – 1 stage

17. 03 3(Çətin) 20 Problem solving- Case study- Evaluate the output reports of an
information system – 2 stage

18. 04 1(Asan) 5 Explain the contents and purpose of the statement of changes in equity.

19. 04 1(Asan) 5 Explain the contents and purpose of profit or loss statement.

20. 04 1(Asan) 5 Explain the contents and purpose of the Statement of financial position.

21. 04 2(Orta) 10 Problem solving- Case study- analysis of financial statements– 1 stage

22. 04 3(Çətin) 20 Problem solving- Case study- analysis of financial statements– 2 stage

23. 05 1(Asan) 5 Compare the usefulness of cash flow information with that of a statement of
profit or loss

24. 05 1(Asan) 5 Explain the need for Cash flow statement as a separate
information.

25. 05 2(Orta) 10 Problem Solving – Preparation of cash flow statement for operational
activity-direct method

26. 05 2(Orta) 10 Problem Solving – Preparation of cash flow statement for operational
activity-direct method

27. 05 2(Orta) 10 Problem Solving – Preparation of cash flow statement for operational
activity-direct method

28. 05 2(Orta) 10 Problem Solving – Preparation of cash flow statement for operational
activity-indirect method

29. 05 2(Orta) 10 Problem Solving – Preparation of cash flow statement for operational
activity-indirect method

30. 05 3(Çətin) 20 Problem Solving – Preparation of cash flow statement

31. 06 2(Orta) 10 Problem Solving – Preparation of cash flow statement for financing and
investment activities-indirect method

32. 06 2(Orta) 10 Problem Solving – Preparation of cash flow statement for financing and
 investment activities-indirect method

33. 06 2(Orta) 10 Problem Solving – Preparation of cash flow statement for financing and
investment activities-indirect method

34. 06 3(Çətin) 20 Problem Solving – Preparation of cash flow statement

35. 07 1(Asan) 5 Describe the concept of a group as a single economic unit.

36. 07 1(Asan) 5 Explain the objective of consolidated financial statements.

37. 07 2(Orta) 10 Problem Solving- practical case - goodwill

38. 07 2(Orta) 10 Problem Solving- practical case – intragroup transaction-sale of

inventory. (From parent to subsidiary)- mark up

39. 07 2(Orta) 10 Problem Solving- practical case – intragroup transaction-sale of

inventory. (From subsidiary to parent)- mark up

40. 07 2(Orta) 10 Problem Solving- practical case – intragroup transaction-sale of

inventory. (From parent to subsidiary)- profit margin

41. 07 2(Orta) 10 Problem Solving- practical case – intragroup transaction-sale of

inventory. (From subsidiary to parent)- profit margin

42. 07 2(Orta) 10 Problem Solving- practical case – intragroup transaction-sale of

equipment. (From parent to subsidiary)

43. 07 2(Orta) 10 Problem Solving- practical case – intragroup transaction-sale of

equipment. (From subsidiary to parent)

44. 07 2(Orta) 10 Problem Solving- practical case – calculation of Goodwill (NCI-

fair value)

45. 07 2(Orta) 10 Problem Solving- practical case – calculation of Goodwill (NCI-

proportional)

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