日本語 English
| 開講年度/ Academic YearAcademic Year |
20242024 |
| 科目設置学部/ CollegeCollege |
経済学部/College of EconomicsCollege of Economics |
| 科目コード等/ Course CodeCourse Code |
BX440/BX440BX440 |
| テーマ・サブタイトル等/ Theme・SubtitleTheme・Subtitle |
Accounting for Investors |
| 授業形態/ Class FormatClass Format |
対面（全回対面）/Face to face (all classes are face-to-face)Face to face (all classes are face-to-face) |
| 授業形態（補足事項）/ Class Format (Supplementary Items)Class Format (Supplementary Items) |
|
| 授業形式/ Class StyleCampus |
講義/LectureLecture |
| 校地/ CampusCampus |
池袋/IkebukuroIkebukuro |
| 学期/ SemesterSemester |
春学期/Spring SemesterSpring Semester |
| 曜日時限・教室/ DayPeriod・RoomDayPeriod・Room |
木1/Thu.1 Thu.1 ログインして教室を表示する（Log in to view the classrooms.） |
| 単位/ CreditsCredits |
22 |
| 科目ナンバリング/ Course NumberCourse Number |
ECX2911 |
| 使用言語/ LanguageLanguage |
英語/EnglishEnglish |
| 履修登録方法/ Class Registration MethodClass Registration Method |
科目コード登録/Course Code RegistrationCourse Code Registration |
| 配当年次/ Assigned YearAssigned Year |
配当年次は開講学部のR Guideに掲載している科目表で確認してください。配当年次は開講学部のR Guideに掲載している科目表で確認してください。 |
| 先修規定/ Prerequisite RegulationsPrerequisite Regulations |
|
| 他学部履修可否/ Acceptance of Other CollegesAcceptance of Other Colleges |
履修登録システムの『他学部・他研究科履修不許可科目一覧』で確認してください。 |
| 履修中止可否/ Course CancellationCourse Cancellation |
〇（履修中止可/ Eligible for cancellation） |
| オンライン授業60単位制限対象科目/ Online Classes Subject to 60-Credit Upper LimitOnline Classes Subject to 60-Credit Upper Limit |
|
| 学位授与方針との関連/ Relationship with Degree PolicyRelationship with Degree Policy |
各授業科目は、学部・研究科の定める学位授与方針（DP）や教育課程編成の方針（CP）に基づき、カリキュラム上に配置されています。詳細はカリキュラム・マップで確認することができます。 |
| 備考/ NotesNotes |
経済学部生用。他学部生は抽選登録にて申し込むこと |
This course will introduce students to the use of accounting from the perspective of an investor. Students will learn how to find and use accounting information by reading financial statements of actual companies.
Students will learn how to search for company information and documents, interpret company earnings announcements & financial results, and conduct cashflow, solvency and liquidity analysis. Students will also conduct a comparative analysis of the company against other companies in its industry and to apply different methodologies to value the company. Students will also learn about the limitations of accounting information and the importance of non-accounting information in analysing a company. Students will apply their knowledge by role-playing an investment analyst and writing a investment report on a company of their choice.
At a minimum, we will illustrate these concepts by deconstructing the financial statements of Tesla and Softbank.
After the class, students should have the tools to independently analyse the financial statements of a company.
| 1 | Introduction |
| 2 | Financial accounting & environment |
| 3 | Accounting information & earnings announcements |
| 4 | Income statement & profitability |
| 5 | Cashflow statement: operating & free cashflow |
| 6 | Other comprehensive income & unrealised gains/losses |
| 7 | Balance sheet & solvency |
| 8 | Balance sheet & liquidity |
| 9 | Liquidity and bank runs |
| 10 | Non-financial information |
| 11 | Peer Comparison |
| 12 | Valuation |
| 13 | Investment analyst research reports |
| 14 | Investment thesis & recommendations |
板書 /Writing on the Board
スライド（パワーポイント等）の使用 /Slides (PowerPoint, etc.)
上記以外の視聴覚教材の使用 /Audiovisual Materials Other than Those Listed Above
個人発表 /Individual Presentations
グループ発表 /Group Presentations
ディスカッション・ディベート /Discussion/Debate
実技・実習・実験 /Practicum/Experiments/Practical Training
学内の教室外施設の利用 /Use of On-Campus Facilities Outside the Classroom
校外実習・フィールドワーク /Field Work
上記いずれも用いない予定 /None of the above
It is recommended that students read the prescribed weekly materials before class, in order to be ready for group discussion during class.
| 種類 (Kind) | 割合 (%) | 基準 (Criteria) |
|---|---|---|
| 平常点 (In-class Points) | 100 |
Class presentations(10%) Assignment 1(20%) Assignment 2(30%) 最終レポート(Final Report)(40%) |
| 備考 (Notes) | ||
| その他 (Others) | |||||
|---|---|---|---|---|---|
| There are no textbooks for this course. The study material will be freely available internet resources or articles and company announcements and financial statements from their investor relations webpages or official regulatory sources. The purpose of using recent company filings and news articles is to make the content of this course current and interesting to students. |
It would be helpful if students bring along an internet accessible device (tablet, laptop) for use in the workshop.
Each class will be divided into 2 parts. The first part will be a lecture. The second part will be group discussions, with 4 or 5 students per group. A member of each group may be required to present the group's findings.
This course will introduce students to the use of accounting from the perspective of an investor. Students will learn how to find and use accounting information by reading financial statements of actual companies.
Students will learn how to search for company information and documents, interpret company earnings announcements & financial results, and conduct cashflow, solvency and liquidity analysis. Students will also conduct a comparative analysis of the company against other companies in its industry and to apply different methodologies to value the company. Students will also learn about the limitations of accounting information and the importance of non-accounting information in analysing a company. Students will apply their knowledge by role-playing an investment analyst and writing a investment report on a company of their choice.
At a minimum, we will illustrate these concepts by deconstructing the financial statements of Tesla and Softbank.
After the class, students should have the tools to independently analyse the financial statements of a company.
| 1 | Introduction |
| 2 | Financial accounting & environment |
| 3 | Accounting information & earnings announcements |
| 4 | Income statement & profitability |
| 5 | Cashflow statement: operating & free cashflow |
| 6 | Other comprehensive income & unrealised gains/losses |
| 7 | Balance sheet & solvency |
| 8 | Balance sheet & liquidity |
| 9 | Liquidity and bank runs |
| 10 | Non-financial information |
| 11 | Peer Comparison |
| 12 | Valuation |
| 13 | Investment analyst research reports |
| 14 | Investment thesis & recommendations |
板書 /Writing on the Board
スライド（パワーポイント等）の使用 /Slides (PowerPoint, etc.)
上記以外の視聴覚教材の使用 /Audiovisual Materials Other than Those Listed Above
個人発表 /Individual Presentations
グループ発表 /Group Presentations
ディスカッション・ディベート /Discussion/Debate
実技・実習・実験 /Practicum/Experiments/Practical Training
学内の教室外施設の利用 /Use of On-Campus Facilities Outside the Classroom
校外実習・フィールドワーク /Field Work
上記いずれも用いない予定 /None of the above
It is recommended that students read the prescribed weekly materials before class, in order to be ready for group discussion during class.
| 種類 (Kind) | 割合 (%) | 基準 (Criteria) |
|---|---|---|
| 平常点 (In-class Points) | 100 |
Class presentations(10%) Assignment 1(20%) Assignment 2(30%) 最終レポート(Final Report)(40%) |
| 備考 (Notes) | ||
| その他 (Others) | |||||
|---|---|---|---|---|---|
| There are no textbooks for this course. The study material will be freely available internet resources or articles and company announcements and financial statements from their investor relations webpages or official regulatory sources. The purpose of using recent company filings and news articles is to make the content of this course current and interesting to students. |
It would be helpful if students bring along an internet accessible device (tablet, laptop) for use in the workshop.
Each class will be divided into 2 parts. The first part will be a lecture. The second part will be group discussions, with 4 or 5 students per group. A member of each group may be required to present the group's findings.