Risk Reporting Analysis

AY2019/2020 Semester 1

AA306 is designed to provide students with a good understanding and appreciation of the operating and financial risks that firms face, and with a strong conceptual and technical knowledge in the measurement, reporting and analysis of these risks. To provide focus to this course, emphasis is placed on two major areas: (a) Firms' investment strategy as part of its risk management policy, and the resultant consolidated financial statements (b) Firms' use of financial instruments (including derivatives) which creates or reduces risks, and the impact of these financial instruments on the firms? financial position and performances. During the discussion, this course will draw upon students? knowledge acquired in the earlier courses, particularly, AA201 Accounting Measurement and Disclosure, and AA205 Corporate Control and Risk Management.