Year
2019
Units
4.5
Contact
1 x 2-hour lecture weekly
1 x 1-hour tutorial weekly
Prerequisites
1 BUSN2036 - Financial Accounting Issues
2 1 of BUSN1015, BUSN1207, BUSN2037
Must Satisfy: (1 and 2)
Assumed knowledge
A sound understanding of accounting and financial reporting regulation and practice as well as the theory and practical application of fundamental concepts used in business finance
Course context
Capstone topic in accounting courses
Assessment
Assignments, tests and exam will ensure students can demonstrate a sufficient knowledge and understanding of financial statement analysis concepts and demonstrate an application of that knowledge.
Topic description
This topic will provide students with a framework for using financial statement data in a range of business analysis and valuation contexts. Upon completion of this topic, students will develop the knowledge required to undertake business strategy analysis, accounting analysis, financial analysis and prospective analysis as well as a range of business analysis and valuation applications.
Educational aims
This topic aims to:
  • · Develop an understanding of competitive and corporate strategy analysis
  • ·Identify factors influencing accounting quality and distortions in accounting data
  • ·Discuss and apply the recasting of financial statements
  • ·Develop an understanding of financial analysis, including ratio and cash flow analysis
  • ·Identify and discuss valuation theory and concepts
  • ·Develop an understanding of business analysis and valuation applications
Expected learning outcomes
On successful completion of the topic students should be able to:
  • · Describe and apply competitive and corporate strategy analysis
  • ·Discuss factors influencing accounting quality
  • · Apply accounting adjustments and recasting of financial statements
  • ·Discuss and apply financial various types of financial analysis
  • ·Discuss business valuation theory and concepts
  • · ·Describe and apply business analysis and valuation applications