22319 Financial Statement Analysis

6cp

Requisite(s): (22420 Accounting Standards and Regulations OR 224200 Accounting Standards and Regulations) AND (25300 Fundamentals of Business Finance OR 253000 Fundamentals of Business Finance)

These requisites may not apply to students in certain courses.

There are also course requisites for this subject. See access conditions.

Undergraduate

This subject introduces the role of accounting numbers in understanding the valuation of businesses, in addition to specific applications such as security analysis, credit analysis, financial policy analysis, the evaluation of takeovers and initial public offerings and other context-specific settings in which accounting data plays a central role. Four key generic skills are highlighted as a precursor to undertaking context-specific financial analysis and valuation: business analysis; accounting analysis; financial analysis; and prospective analysis. Students first learn the importance of each of these steps, and then how to apply them in context-specific settings. The subject also highlights the use of accounting numbers via the residual income approach to valuation. This is closely aligned with systems such as Economic Value Added or Economic Profits, as promulgated in early accounting literatures and currently by major consulting firms.

For detailed information, see the full subject description at:
http://www.business.uts.edu.au/courses/subject/syllabus/22319.pdf

Typical availability

Autumn semester, City campus
Spring semester, City campus

Fee information

2007 contribution for post-2004 Commonwealth-supported students: $889.75
2007 amount for undergraduate domestic fee-paying students: $2,280.00
Subject EFTSL: 0.125
Note: The above fees are applicable in 2007 for Commonwealth-supported students who commenced after 2004 and domestic fee-paying undergraduate students only. Pre-2005 Commonwealth-supported students should consult the Student contribution charges for Commonwealth supported students webpage.
Not all students are eligible for Commonwealth supported places, and not all subjects are available to Commonwealth supported students. Domestic fee-paying students and international students should refer to the Fees webpage.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at Access conditions and My Student Admin.