fin3fsa financial statement analysis
FINANCIAL STATEMENT ANALYSIS
FIN3FSA
2017
Credit points: 15
Subject outline
In this subject, you will examine financial statement analysis from the point of view of the primary users: equity and credit analysts. You7 will gain 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.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorKok-Boon Oh
Available to Study Abroad StudentsYes
Subject year levelYear Level 3 - UG
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites ACC1AMD and FIN1FOF
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | International Financial Statement Analysis (third edition) | Prescribed | Robinson, T.R., Henry, E. & Pirie, W.L. (2015) | Somerset: Wiley.ISBN9781119029748 |
| Readings | International Financial Statement Analysis Workbook (third edition) | Prescribed | Robinson, T.R., Henry, E. & Pirie, W.L. (2015) | Somerset: Wiley. |
| Readings | The Analysis and Use of Financial Statements. 3rd Edition | Recommended | White G. I., Sondhi A. C. and Fried D. | ISBN9781119029717 |
Graduate capabilities & intended learning outcomes
01. Develop an understanding of the accounting, financial and economic theory on which the practice of financial analysis is founded.
- Activities:
- Individual assignment; group activity; final exam
02. Analyse the differences which exist between accounting standards and their application in different countries, in particular the difference between US GAAP and IASB GAAP.
- Activities:
- Individual assignment; group activity; final exam
03. Develop the practical skills to collect, manage, and deconstruct a company#s financial statements so as to extract meaningful information to guide relevant decisions.
- Activities:
- Individual assignment; group activity; final exam
04. Draw professional and empirical conclusion pertaining to the actual financial health of a company and the implication of such financial state for a broad range of stakeholders
- Activities:
- Individual assignment; group activity; final exam
Subject options
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Melbourne, 2017, Semester 1, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorKok-Boon Oh
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 element | Comments | % | ILO* |
|---|---|---|---|
| One 1500-word project (individual assignment) | 30 | 01, 02, 03, 04 | |
| One 3-hour final examination | 60 | 01, 02, 03, 04 | |
| One small project (group assignment) | Broadly equivalent to 250 words per student | 10 | 01, 02, 03, 04 |