Provides an introduction to asset pricing, dealing with the practical application of financial statement analysis to value both listed and unlisted business entities. Topics include financial reporting systems, statements and reporting quality, the top-down fundamental analysis of financial securities and companies, and other business valuation considerations.
Topic 1: Purpose and approaches to analysis of companies and financial securities
Topic 2: The analytical environment - economic analysis
Topic 3: The analytical environment - industry analysis
Topic 4: Financial reporting systems, statements and reporting quality
Topic 5: Financial statement analysis
Topic 6: Prospective Analysis - Forecasting
Topic 7: Prospective Analysis - Valuation Theory and Concepts
Topic 8: Prospective Analysis - Valuation Implementation
Topic 9: Valuation of fixed income securities
Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||Explain the principles and theoretical underpinnings of business valuation||Communication and social skills|
|2||Evaluate mainstream business valuation approaches||Intellectual rigour||Communication and social skills|
|3||Demonstrate expertise in accessing financial data||Lifelong learning||Communication and social skills|
|4||Apply the main tools of business valuation||Intellectual rigour||Communication and social skills|
|5||Discuss alternative valuation approaches||Intellectual rigour||Communication and social skills|
- Palepu, KG, Healy, PM, Bernard, VL, Wright, S, Bradbury, M & Lee, 2010, Business Analysis and Valuation: Using Financial Statements, 1st edn, Cengage Learning, Australia. ISBN: 9780170135092.
Teaching and assessment
|Lecture online 1 hour (10 weeks)|
|Exam: open book||50%|
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2014 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.