ONE YEAR ADVANCED DIPLOMA IN FINANCIAL SERVICES & LEGISLATIONS

SEMESTER II

1.2.4 - Financial Reporting & Analysis

Module I: Introduction to financial reporting and analysis

• Conceptual Framework for Preparation and Presentation of Financial Statements
• Introduction to Reporting Standards (Indian Accounting Standards, IFRS)
• Introduction to Structures of presentation of Financial Statements (Revised Schedule VI and IFRS)

Module II: Components of Financial Statements

• Process and Mechanism of Accounting
• Components of Trade and Profit & Loss Statement
• Components of Statement of Financial Position/Balance Sheet
• Structure prescribed for presentation of Financial Statements (Revised Schedule VI and IFRS)

Module III: Understanding Financial Statements

• Trading and Profit & Loss Statement
• Statement of Financial Position/Balance Sheet
• Funds Flow and Cash Flow Statements
• Other Areas of Annual Reports
• Annual Reports of banking & Insurance Companies

Module IV: Analysis of Financial Statements

• Tools & Techniques of Financial Analysis
• Ratio Analysis for performance evaluation and financial standing
• Application of Ratio Analysis in decision making

Module V: Understanding residual sections of Annual Reports & Valuation

• Auditors Report
• Directors Report
• Management Discussion & Analysis (MDA)
• Other Residual Sections
• Schedule O of Annual Reports
• Different Types of Valuations

1.2.5 – Mergers, Acquisitions & Corporate Restructuring

Module I: Introduction to Corporate Restructuring

• Motives behind Restructuring
• Mergers & Consolidation
• Acquisitions & Takeovers
• M&A with reference to Competition Act-
• Demerger, LBO & MBO

Module II: SAST Regulations 2011

• Introduction to SAST Regulations
• Trigger Levels
• Public Offer and Offer Price Determination
• Procedural Aspects of Acquisitions
• Takeover Tactics and Strategies
• Defensive Tactics and Strategies

Module III: Cross Border M&A activities

• Legal aspects of Cross Boarder M&A activities
• Procedure of Cross Boarder M&A activities
• Financing  Domestic & Cross Boarder Acquisitions

Module IV: Technicalities of Mergers & Acquisitions 

• Mergers & Consolidation as per Companies Act
• Merger of Financial Institutions and Compulsory Merger
• Financial and Legal Due Diligence

Module V: Equity & Debt Restructuring

• Concept of Equity Restructuring
• Buyback of Shares
• Concept of Debt Restructuring
• Corporate Debt Restructuring Scheme

1.2.6 – Merchant Banking & Investment Banking

Module I: Merchant Banking & Issue Management

• Role of Merchant Bankers in the Economy
• IPO & FPO Management
• Underwriting
• Private & Institutional Placement
• Role of Different types of Intermediaries
• Listing of Securities

Module II: Overseas Capital Market Issues

• Introduction to International Financial and Capital Markets
• The International Bond Market & Products of Overseas Capital Markets
• The International Bond Market
• Depository Receipt Mechanism of Equity Offers
• Indian Regulatory Regime for Global Market Floats
• Process Flow of International Offering

Module III: Investment Banking

• Evolution of Investment Banking
• Characteristics and Structure of Indian Investment Banking Industry
• Alternative Investment Funds

Module IV: Project Finance

• Introduction to Project Finance
• Project Financing Process
• Debt Syndication
• Role of DFIs in Project Finance
• Recent Developments in Project Finance

Module V: Debt Securitization & Derivative Products

• Concept of Debt Securitisation
• ABS/MBS
• CDOs/CDS
• Forwards, Futures & Options
• Swaps & Other Derivative Products

Reference Materials

1. Financial Markets and Institutions: Structure, Growth and Innovations-L Bhole/ 5th Edition,Tata Mcgraw Hill Education
2. The Indian Financial System : Markets , Institutions and Services-Bharathi V Pathak- 3rd edition, Pearson Education
3. Financial Markets and Institutions, S.Guruswamy/ 3rd edition, Tata Mcgraw Hill Education
4. Theory of Banking: History, Law and Practice: D Tomar, 1st edition, Vista International Publishing House.
5. Banking Theory Law and Practice: Tandon, 5th edition, Taxman Publications
6. Bare Act: SEBI Act,1992
7. Bare Act: FEMA Act, 1999
8. Bare Act: Securities Contract Regulations Act,1956
9. Financial Management: I M Pandey, 7th edition, Vikas Publications
10. Financial Management: Khan and Jain : 6th edition, Tata Mcgraw Hill Education
11. Financial Management: Gupta and Sharma, 4th edition, Kalyani Publications
12. Investment Banking- An Odyssey in High Finance: Pratap Subramanyam,1st editionTata McGraw Hill
13. Corporate Financial Reporting and Analysis: Brief, 3rd edition, Routledge Publications
14. Financial Reporting and Analysis : David A Guenther, 4th edition, Mcgraw Hill Education
15. Accounting for Managers: C Rama Gopal, 1st edition, New Age International Publishing
16. Website: rbi.gov.in
17. Website: sebi.com
18. Website: irda.gov.in