Financial statements describe the business activities and financial performance of a business. Financial analysts use this information to analyse the financial health and investment value of the business. In this subject, you will gain an understanding of how financial statements are constructed in order to distinguish the economic process that … For more content click the Read more button below.
Financial statements describe the business activities and financial performance of a business. Financial analysts use this information to analyse the financial health and investment value of the business. In this subject, you will gain an understanding of how financial statements are constructed in order to distinguish the economic process that generates the values from the accounting process that at times conceals them. You will develop the skills to analyse each of the major financial statements and to build a spreadsheet financial model of the business. In doing so you will not only learn how to analyse the financial performance of the business, but also how to evaluate the quality of the financial information provided in the financial statements, which describes it. International accounting differences are discussed, and relevant research findings are considered.
Capstones provide students with a way of integrating and applying knowledge and skills gained throughout their course.
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Academic progress review - Schedule A subject
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Subject instances
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Learning resources
Prescribed - Book - Business Analysis and Valuation: Using Financial Statements, Text and Cases
Title:Business Analysis and Valuation: Using Financial Statements, Text and Cases
Resource requirement:Prescribed
Author/editor:Pelepu & Healy
Year:2013
Edition/volume:5
Publisher:Cengage
ISBN:9781111972288
Career ready
Work based learning (placement):No
Graduate capabilities
COMMUNICATION - Digital Capability
DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
PERSONAL AND PROFESSIONAL - Leadership and Teamwork
Subject intended learning outcomes
On successful completion you will be able to:
1.
Explain the accounting, financial and economic theory on which the practice of financial analysis is founded.
2.
Analyse the differences which exist between accounting standards and their application in different countries, in particular the difference between US and International accounting standards.
3.
Demonstrate the skills, of a financial analyst, to source, deconstruct, and analyse, utilising appropriate digital tools, a company's financial statements, so as to extract meaningful information to guide relevant financial decisions
4.
Present a financial analysis of a company and be able to explain your professional and empirical conclusions as to the implications of such analysis for stakeholders.
5.
Define an industry engagement and job search plan, by exploring the range of opportunities to engage with alumni, finance professionals, employers of finance majors, and professional associations.
Learning activities
Individual and group case study-based assessments with open-ended questions and different market/industry scenarios will test student’s resourcefulness in collecting and using data for analysis for insights and decision making.
