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Postgraduate Handbook

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Corporate Financial Analysis - ACCT5907
 Accounting II

   
   
   
 
Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite: ACCT5930
 
 
Fee Band: 3 (more info)
 
 
Further Information: See Class Timetable
 
  

Description

This course introduces the analytical tools used in the analysis of financial statements. It extends beyond the accounting process to enable students to identify and understand the economic reality behind the accounting numbers used in financial statements. Focusing on real world examples, the quality of financial statement information is comprehensively examined to detect and correct any distortions necessary to improve the economic content of the financial statements, including their comparability. Quantitative analytical tools are then used to conduct detailed financial analysis of corporate profitability and risk. The accounting and financial analysis skills acquired in the course are essential in making successful decisions in numerous business contexts, including: the evaluation of financial performance, the identification of sources of value creation, risk and credit assessment, and in assessing the achievement of financial targets and strategic goals.

Relevant topics include: the national and international framework for financial accounting; the accrual concept and earnings quality; integrated ratio analysis; analyses of more complex accounting issues involving inventories, long-lived assets, income taxes, financing liabilities, leases and off-balance sheet activities, stock compensations, pensions and other employee benefits, inter-corporate investments, business combinations, and multinational operations.


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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.