2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Financial Statement Analysis|
|Prerequisites||(ACCT2011 or ACCT2001) and (FINC2011 or FINC2001)|
|Lectures||1x 2hr lecture and 1x 1hr tutorial per week|
|Assessment||tutorial participation (10%), mid-semester examination (20%), group case studies (15%), and final examination (55%)|
|Description||Although the appropriate 'form' of financial analysis depends largely on the specific context (e.g. equity investment, credit extension, analysis of supplier/customer health, competitor analysis, regulatory overview or intervention, valuation for takeover/restructuring), many of the techniques of financial analysis are common to each. A primary purpose of this course is to develop an understanding of these techniques, as well as the inherent difficulties in their application. Specific issues addressed include the analysis of business performance and disclosure, the analysis of earnings quality, cash flow assessment, credit worthiness and accounting-based valuation methods.|