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ACC585 Financial Statement Analysis and Valuation (8)

Abstract

Finance professionals will, at some stage in their career, need to source, critically analyse and make decisions using externally available financial information and economic data. This may be, for example, in relation to constructing, reviewing or defending possible merger, takeover or partnership/joint venture transactions. Others may use financial statement analysis skills for recommending investment in stock/equity markets. This subject is designed to develop the student’s abilities to act as an analytical user of externally-available financial and economic information. Throughout the subject reference is made to the impact of different financial reporting rules on the comparability/usefulness of published financial information. The emphasis of the subject is on applying frameworks and techniques to listed companies, to ensure that students can practically apply the knowledge gained in the subject.

+ Subject Availability Modes and Location

Session 1
OnlineWagga Wagga Campus
Term 3
On CampusEconomic and Finance Institute
Continuing students should consult the SAL for current offering details: ACC585
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Enrolment restrictions

Postgraduate students only.  Not available to students who have completed ACG502 or ACG503.
Incompatible subject(s)Related subject(s)
ACG502 ACG503 ACG503 ACG503 provides obstensibly much the same content as ACC585 although adapted for the CPA Masters program in which it is included. ACG503 covers more indepth accounting concepts and techniques.
ACG502 ACG502 provides obstensibly much the same content as ACC585 although adapted for the CPA Masters program in which it is included. ACG502 covers more in-depth accounting concepts and techniques.

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to identify and analyse the role, uses and limitations of external financial reports;
  • be able to explain the impact of choices from among permissible accounting methods on figures reported in financial statements;
  • be able to critique various valuation techniques;
  • be able to apply analytical techniques using financial reports and other externally available information to critically evaluate company viability, performance and valuation.

Syllabus

The subject will cover the following topics:
  • Purpose and Use of Accounting Statements;
  • The Balance Sheet;
  • Profit and Loss and Cash Flow Statement;
  • Business Analysis, Industry Analysis and Macroeconomic Analysis;
  • Overview of Accounting Analysis;
  • Impact of Accounting Choice;
  • Financial Ratios and Cash Flow Analysis;
  • Forecasting Tools and Techniques;
  • Valuation - Basic Principles and Techniques;
  • Valuation - Extended Issues;
  • Capital Markets - Share Ownership and Information Disclosure.

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The information contained in the 2018 CSU Handbook was accurate at the date of publication: 20 October 2017. The University reserves the right to vary the information at any time without notice.