- Code BUSN7036
- Unit Value 6 units
- Offered by Research School of Accounting
- ANU College ANU College of Business and Economics
- Course subject Business
- Areas of interest Accounting, Commerce
- Academic career PGRD
- Dr Mark Wilson
- Mode of delivery In Person
First Semester 2023
See Future Offerings
This course involves on-campus teaching. For students not on campus, there will be a remote option in Sem 1. See Class Summary or Wattle for details.
This is an intermediate course which examines the analysis of financial information presented in firms’ financial reports. The course comprises three related sections: fundamental analysis; valuation; and, the application of fundamental analysis and valuation techniques to a variety of specific decisions. Fundamental analysis involves answering questions such as: how is the firm performing? how might the firm perform in the future? what risks does the firm face? In addressing these issues particular attention is paid to the impact of financial reporting choices on the relation between reported earnings and firms’ underlying economic performance. Valuation describes the methods by which our expectations of firms’ future performance may be converted to a present day value of the firm’s assets, and the various financial claims on those assets. The final section of the course provides an introductory coverage to issues such as equity security analysis and credit analysis, with a strong emphasis on the use of financial statement data for these purposes.
Upon successful completion, students will have the knowledge and skills to:
- Describe and apply basic and intermediate level techniques of financial statement analysis;
- Explain the relationship between strategic business analysis, accounting analysis and financial analysis;
- Identify and utilise value-relevant information contained within financial statements;
- Recognise and explain the fundamental role of accounting numbers in the valuation of entities and the key financial claims on these entities assets (equity and debt securities);
- Critically evaluate the impact of financial reporting choices on the usefulness of reported earnings to predict future performance;
- Prepare a written analysis and valuation of a listed company, which incorporates and synthesises the strategic, accounting and financing techniques covered in the course;
- Conduct applied business research (including locating, critically interpreting and evaluating firm-specific financial information);
- Work effectively in a team environment.
- Research report (65) [LO 1,3,4,5,6,7]
- Combination of class participation, assignment(s), quizzes and examination(s). (35) [LO 1,2,3,4,5,6,7]
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At least three contact hours per week (a two hour lecture and a one hour tutorial) plus 6 hours per week private study time.
Requisite and Incompatibility
Information about the prescribed textbook (if any) will be made available via the Class Summary.
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
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Offerings, Dates and Class Summary Links
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Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.