Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

Click on an offering mode for more details.

Unit Overview


This unit focuses on the fundamental analysis of four financial statements: the income statement; the balance sheet; statement of change in equity; and the cash flow statement. The financial analysis primarily involves the use of ratios to analyse a firm's performance against appropriate benchmarks. The prospective analysis involves the development of forecast financial statement information which can then be used to estimate a firm's value.

6 points
(see Timetable)
Semester 2UWA (Perth)Face to face
Semester 2AlbanyFace to face
Details for undergraduate courses
  • Level 3 option in the Accounting major sequence
  • Level 3 elective

Students are able to (1) demonstrate an understanding of the difference between cash accounting and accrual accounting in business valuations; (2) evaluate the importance of ratios in financial statement analysis, including, liquidity ratios, debt ratios, asset ratios and price-earnings ratio

; (3) assess the current and future performance of firms using ratios; (4) analyse cash performance of firms via the cash flow statement and the various activities of a firm; (5) critically analyse the profitability and growth performance of firms; (6) demonstrate an understanding of how accounting for current and non-current assets, such as receivables, inventories, and non-current assets, impact firm performance; and (7) develop evaluation strategies as a team to produce a convincing, coherent and consistent argument of firm performance in a report format.


Indicative assessments in this unit are as follows: (1) tutorial participation; (2) group assignment; and (3) final examination. Further information is available in the unit outline.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Mr Nishant Agarwal
Unit rules
ACCT2201 Corporate Accounting
FINA2207 Business Analysis and Valuation
Advisable prior study
FINA1221/FINA2221 Introduction to Finance
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
  • 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 one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. 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.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.