FINA5523 Financial Statement Analysis and Business Valuation

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
Content
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.
Outcomes
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.
Assessment
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
Prerequisites:
for Master of Commerce and Master of Professional Accounting students: FINA5533 Finance Essentials (or equivalent); for Master of Applied Finance students: ECON5541 Economics for Business: Applications and Policy and MGMT5504 Data Analysis and Decision Making and ACCT5432 Introductory Financial Accounting and BUSN5100 Applied Professional Business Communications

Graduate Certificate in Finance students: none
Co-requisites:
Master of Applied Finance Students: FINA5533 Finance Essentials (or equivalent)
Incompatibility:
FINA2207 Business Analysis & Valuation or ACCT3302 Financial Statement Analysis.
Contact hours
lectures/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1-2020 [SEM-1-2020]
Semester 2-2020 [SEM-2-2020]
  • 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.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook. Reading lists and essential textbooks are subject to change each semester. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus. Copies of textbooks and other readings will be made available for students to access from the Library, online wherever possible as well as in print.