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|
|Offered||Semester 1 and Semester 2|
|Prerequisites||ACCT5001 and FINC5001|
|Lectures||1 x 3hr class per week|
|Assessment||Mid-semester exam (25%), group project (20%) and final exam (55%)|
|Description||This unit helps students to develop an understanding of the techniques of financial statement analysis for the appraisal of equity investment, credit evaluation, risk analysis, prediction of corporate failure, competitor analysis and industry standing, and valuation for takeover/restructuring. A primary purpose of this unit is to develop an understanding of these techniques, as well as the inherent difficulties in their application, as well as their limitations. Emphasis is provided on the analysis of earnings quality and accounting-based valuation methods.|