ACCT13-311: Financial Analysis and Valuation

Description

Financial Analysis and Valuation provides an introduction to valuation techniques widely used in the accounting and finance sector to value firms, drawing heavily upon financial statement analysis. This analytical approach considers relevant accounting policies that may impact the quality of the reported figures and the assessment of underlying risk. Students will develop practical skills through the use of financial modelling to develop and evaluate valuation models for a specific firm (e.g., a takeover target). Although this is an accounting subject, the topics are relevant to those contemplating careers in investment banking, equity research, funds management, corporate finance and business consulting. This subject draws heavily on knowledge and skills acquired in pre-requisite subjects.

Subject details

Code:	ACCT13-311
Study areas:	Business, Commerce, and Entrepreneurship

Learning outcomes

Research and extract financial and business information from published financial reports, international databases and other relevant sources.
Integrate and apply various financial analysis and valuation techniques and critically analyse their benefits and limitations.
Work effectively with others to complete a written valuation report for a takeover target.
Exercise judgement under supervision to provide possible solutions to routine accounting problems in straightforward valuation contexts using ethical, entrepreneurial and/or global perspectives

Enrolment requirements

Requisites:	Nil
Assumed knowledge:	Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge. Assumed Prior Learning (or equivalent): ACCT11-100: Accounting Principles
Restrictions:	Students must have completed 120 credit points prior to enrolling.

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Assumed Prior Learning (or equivalent):

ACCT11-100: Accounting Principles

Restrictions:

Students must have completed 120 credit points prior to enrolling.