FINA5523 Financial Statement Analysis and Business Valuation

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
This unit considers the different types of information that investors and analysts use to assess a firm's performance and value. It explores the usefulness, quality and reliability of company reports and other publicly available information sources. Analytical techniques covered include ratio analysis; fundamental analysis; cash flow analysis; pro forma analysis; inventory and non-current asset analysis; and off-balance sheet analysis.
Students are able to (1) outline the financial reporting system and importance of financial reporting quality; (2) apply financial statement analysis to the various financial and investment decisions; (3) measure fundamental or intrinsic firm values; (4) recognise and identify value-added business strategies and activities; (5) explain the relevance of cash flows, dividends, earnings/profitability and book values in firm valuation; and (6) explore and evaluate what determines a firm's price-earnings ratio (P/E) and other multiples.
Indicative assessments in this unit are as follows: (1) individual assessment ; (2) team project and presentation; and (3) examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Dr Mahmoud Agha (Semester 1), Dr Russell Poskitt (Semester 2)
Unit rules
for Master of Commerce and Master of Professional Accounting students: FINA5432 Introduction to Finance (or equivalent); for Master of Applied Finance students: ECON5541 Economics for Business: Applications and Policy
MGMT5504 Data Analysis and Decision Making
ACCT5432 Introductory Financial Accounting
MGMT5610 Applied Professional Business Communications

Graduate Certificate in Finance students: none
Advisable prior study:
Part time Master of Applied Finance students: FINA5533 Finance Essentials (or equivalent)
FINA2207 Business Analysis & Valuation
ACCT3302 Financial Statement Analysis.
Contact hours
lectures/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1_2019 [SEM-1_2019]
Semester 2_2019 [SEM-2_2019]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.