FINANCIAL STATEMENT ANALYSIS

FIN5FSA

2014

Credit points: 15

Subject outline

This subject aims to present financial statement analysis from the point of view of the primary users: equity and credit analysts. The subject provides students with an understanding of how financial statements are constructed in order to separate the economic process that generates the numbers from the accounting process that at times obfuscates them. Each topic is focussed on a specific area of analysis and the effect of differences in accounting methods and estimates on reported financial conditions, results of operations and financial ratios is highlighted. International accounting differences are discussed and relevant empirical research findings are considered.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Judith Taylor

Available to Study Abroad Students: No

Subject year level: Year Level 5 - Masters

Exchange Students: No

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsInternational financial statement analysisPrescribedRobinson, T.R., van Gruening, H., Henry, E., Broihahn M.A.,NJ, JOHN WILEY, 2009
ReadingsInternational financial statement analysis: WorkbookPrescribedRobinson, T.R., van Gruening, H., Henry, E., Broihahn M.A.,NJ, JOHN WILEY, 2009
ReadingsThe Analysis and Use of Financial Statements. 3rd Edition.RecommendedWhite, G. I. Sondhi A.C., Fried D, 2003WILEY, 2003.

Melbourne, 2014, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Judith Taylor

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

TutorialWeek: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%
one 1-hour mid-semester test10
one 3-hour final examinationHurdle requirement: Students must achieve at least 50% in the final examination as well as a total of 50% in the sum of the marks for all assessment tasks to pass the unit.60
one 4,000-word project30