Introduction to Financial and Managerial Accounting

2025/2026

Academic Year

ENG

Instruction in English

6

ECTS credits

Delivered at:

School of Innovation and Entrepreneurship (Educational Departments)

Course type:

Compulsory course

When:

1 year, 1 module

Instructors

Гайнутдинова Амина Ринатовна

Зазнобин Александр Александрович

Моженин Сергей Владимирович

Course Syllabus

Abstract

The Course develops background for understanding and reading companies’ financial reports and assessing company’s financial position and making managerial decisions. The Course covers basic concepts of modern financial reporting and techniques of management accounting. It provides basic knowledge in preparing, processing and interpreting the data about business transactions for different types of external as well as internal investors, management and other accounting information users. The Course consists of lectures, seminars, case studies and self-study. It is a three-months course designed to prepare students for the “International Corporate Finance” course.

Learning Objectives

• The Course is focused on developing skills required for preparing and analyzing companies’ financial statements and data for decision-making purposes. Special attention is devoted to the conceptual basis of accounting, the basic accounting rules for recording business operations, assets and liabilities, the methodology of preparing accounting reports, and the requirements for their contents.

Expected Learning Outcomes

• developing skills required for preparing and analyzing companies’ financial statements
• To be able to apply a set of accounting concepts to understand annual financial reports of different corporations
• to be able to calculate financial ratios to assess finance position
• to apply managerial accounting analytical tools for internal control, pricing and developing different budgets for financial planning purposes
• to get essential skills in capital budgeting techniques
• to understand the basic accounting rules for recording business operations, assets and liabilities, the methodology of preparing accounting reports, and the requirements for their contents
• to develop skills required for preparing and analyzing companies’ financial statements and data for decision-making purposes

Course Contents

• The nature and purpose of accounting
• Recording business transactions
• Preparing financial statements
• Analysis of financial statements. Vertical and horizontal analysis
• Ratio analysis
• Profitability ratios. Investment analysis
• The goals and tasks of managerial accounting.
• Classifying costs. Costing methods
• Making management decisions
• Budgeting
• Monitoring budget fulfillment, flexible budgeting

Assessment Elements

• Сlasswork
  The accumulated classwork grade consists of two home assignments (20% - each), class attendance (10%) and one intermediate test (50%).
• Final exam
  The exam is held in the form of a written test.

Interim Assessment

• 2025/2026 1st module
  0.6 * Final exam + 0.4 * Сlasswork

Bibliography

Recommended Core Bibliography

• An Introduction to Financial Accounting, Thomas, A., 1997

Recommended Additional Bibliography

• Peterson Drake, P., & Fabozzi, F. J. (2010). The Basics of Finance : An Introduction to Financial Markets, Business Finance, and Portfolio Management. Hoboken, NJ: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=335336

Authors

• ROMANIDI KRISTINA SEMENOVNA
• KRATKO IRINA GENNADIEVNA
• KRATKO IRINA GENNADIEVNA