Foundation Program 2024-25
Preparatory Module – Financial Accounting
Dear students,
Welcome to the preparatory module on Financial Accounting. Financial Accounting is an important
element of the MBA Program at SBM-NMIMS.
The course work in this module is developed as a background for the 1st year MBA and to develop a
uniform understanding among the students.
The preparatory module consists of:
-Three interactive class sessions to make you familiar with the subject
-The course pack, which consists of pre-reads and post-reads
-A quiz at the end to provide you a feedback
The course pack is attached to this email.
Pre-read for Session 1
Before the first session - Please browse through the Annual Report of Apollo Tyres Ltd for 2023. It is
available at
https://corporate.apollotyres.com/investors/financial-reporting/#?activeTab=Annual_Report
Please note down the impressions that you form about the company based on the Annual Report and be
prepared to discuss the same in the first session.
All the best!
Faculty Group - Accounting and Finance
Based on the provided annual report, here are some initial impressions about the company:
Financial Stability: The company appears to be financially stable with total assets exceeding total
liabilities, indicating a positive net worth.
Investment Strategy: The significant portion of investments in both non-current and current assets
indicates a strategic approach to managing liquidity and generating returns.
Capital Work-in-Progress: The fluctuation in capital work-in-progress from one period to another might
suggest varying levels of capital expenditure or ongoing projects within the company.
Liability Management: The company seems to have a mix of both short-term and long-term liabilities,
which could indicate a balanced approach to debt management.
Equity Growth: The growth in equity from the previous period suggests positive performance and
potentially successful reinvestment or profit retention strategies.
Tax Management: The presence of both current and deferred tax liabilities indicates adherence to tax
regulations and responsible tax planning.
Trade Relationships: The trade receivables and payables figures provide insight into the company's
relationships with customers and suppliers, which could reflect its market position and credit policies.
Cash Management: The levels of cash and cash equivalents along with other financial assets might
indicate the company's liquidity position and its ability to meet short-term obligations.
Overall Performance: While the snapshot provided in the annual report offers valuable insights, a
deeper analysis would be necessary to assess the company's overall performance, competitive position,
growth prospects, and risk management strategies.
In the first session, discussing these impressions could lead to a deeper understanding of the company's
financial health, operational strategies, and areas for potential improvement or further investigation.
Session Plan: Preparatory Module on Financial Accounting 2024
Session Readings Class Work
Session 1 -Pre-read: Annual Report of -Discussion: Impressions about
-Introduction to Accounting Apollo Tyres Ltd Berger Paints
Equation and Terms
-Case: Maya Company
-Balance Sheet Classification
Session 2 -Pre-read 1: HBS Background -Discussion: Pineapple Seller
-Application of Accounting Reading on Balance Sheet
Equation -Case: RSL Ltd
-Pre-read 2: HBS Background
-Key Accounting Concepts Reading on Income Statement
Session 3 -Post-read 1: Conceptual Basis -Case: RSL Ltd. (concluded)
-Application of Accounting of Accounting
Equation
-Post-read 2: Balance Sheet
-Preparing Financial
Statements -Post-read 3: Profit and Loss
-Post-read 4: Conceptual
Foundation of Accounting –
IASB (2021) note
Course Pack
Session 1. Maya Company Case
Session 2 and 3:
HBS Background Reading – Balance Sheet
HBS Background Reading – Income Statement
Pineapple Seller
RSL Case
Post-Sessions:
Conceptual Basis of Accounting
Balance Sheet
Profit and Loss
General Reference: Conceptual Foundation of Accounting – IASB (2021) note
Evaluation
Quiz after the Foundation Program
