Teaching Staff:

Name: Belen Blanco
Email: belen.blanco@adelaide.edu.au

On successful completion of this course, students will be able to:

1. Ask and seek relevant information

2. Analyse financial statements for business decision making

3. Differentiate between factual and creative financial reporting

Subramanyam, K. R. 2014. Financial Statements Analysis, 11th Edition, McGraw-Hill New York.

Other Recommended Reading
A list of recommended reading for further study will be available on the course webpages as appropriate to the topics.

Other Resources:
Other resources will be found by searching the internet. One that may be useful is: http://au.finance.yahoo.com/ for various news items and business data. Also, the company website of the assigned company will provide mush useful information.

Please check your student email and MyUni as course-related announcements are communicated via email and also posted onto MyUni.

In this course, we seek to create an interesting, challenging, relevant, and engaging education experience. To help achieve this objective we have a number of teaching aims:

Create a climate of engagement, dialogue and ongoing feedback between students and lecturers regarding the content, teaching strategies, learning experiences and outcomes

Cater for a variety of learning preferences and abilities by providing a range of learning activities and teaching methods

Develop independent learning skills and create an environment that both provides structure and guidance as well as encouraging students to extend their learning



Teaching strategies

This course is a combination of formal lectures and tutorials (problem solving classes). The lectures are used to explain concepts and to give real life examples of situations in which these concepts are used. The tutorials are for problem-solving and discussion of issues raised in the lectures. All tutorial questions are from end of chapter exercises in Subramanyam and Wild. There is an expectation that students will engage in additional readings, as well as the required text. In all classes, students are encouraged to ask questions if there is material that they do not understand.


TUTORIALS

Tutorial classes will be held weekly commencing the second week of the semester and will run until week 13. Membership of tutorial classes is to be finalised by the end of the second week of semester. Students wishing to swap between tutorial classes after this time are required to present their case to the Lecturer-in-Charge, but should be aware that such a request may not be approved.

Tutorials are an important component of your learning in this course. The communication skills developed in tutorials by regularly and actively participating in discussions are considered to be most important by the School and are highly regarded by employers and professional bodies.

The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are expected to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes.

Students in this course are expected to attend all lectures throughout the semester plus one tutorial class each week.

Topics to be covered are:


1. Introduction to FSA

2. Analysis Overview

3. Ratios: Return on invested capital and profitability analysis

4. Ratios: Liquidity, Solvency, Efficiency, Other issues and Credit Analysis

5. Equity analysis and valuation

6. Cash Flow Analysis

7. Analyzing financing activities

8. Analyzing investing activities

9. Analyzing operating activities

Assessment	Task Weighting	Due date	Learning Outcome
Class Test	30%	Week 8	All
Group Assignment	30%	Week 10	All
Presentation	10%	Weeks 2 to 7	All
Final exam	30%	Final exam period	All
Total	100%

Please see Assessment Details for further information


Due to the current COVID-19 situation modified arrangements have been made to assessments to facilitate remote learning and teaching. Assessment details provided here reflect recent updates.

The new assessments for Financial Statements Analysis will be as follows:

Group Assignment - 30% Week 10

Presentation (Video delivered presentation) - 10% Weeks to be confirmed the first day of the course

Final exam (based on a case study) - 60% Week 12

The following additional conditions apply:

1. To gain a pass in this course, a mark of at least 50% must be obtained overall.

2. Legible handwriting and the quality of English expression are considered to be integral parts of the assessment process. You may lose some marks in the examination if markers are not able to read / understand answers due to poor handwriting.

3. Students in this course are NOT permitted to take a dictionary (English or English-Foreign) into the examination.

4. The use of non-programmable calculator is permitted in this course.

5. Students receiving a grade of 45% or more and less than 50% will be eligible for a replacement examination on academic
grounds. This is automatically granted based on your results.

6. If you cannot sit the final exam due to illness, compassionate or extenuating circumstances please read the Modified Arrangements for Coursework Assessment Policy ( www.adelaide.edu.au/policies/3303 ) and complete the Application for Replacement Examination form (https://www.adelaide.edu.au/policies/3303/?dsn=policy.document;field=data;id=7905;m=view).

The class test will be held during lecture hours. It will cover lecture materials from Weeks 1 to 6 and the corresponding tutorials. It will be a closed book exam.

Students will calculate firm's value for a real firm. Detailed information on the group assignment will be discussed in class and posted onto the subject MyUni webpage.

Presentations will be held during lecture hours. Students will present a real case from the concepts learnt in the previous lecture. Presentations will be in groups of 4, but assessed individually. Detailed information on the presentations will be discussed during lecture time in Week 1.

The final exam will be held during the exam period and it will cover lecture materials from Weeks 1 to 12 and the corresponding tutorials. It will be a closed book exam based on a case study. You will be provided with the case on MyUni so that you can become familiar with it two days prior to the examination. A printed copy of the case will be provided in the exam.

Details of each assessment component will be discussed in class and posted onto the subject MyUni webpage.

Assignment Guidelines including Referencing Details

A copy of the Postgraduate Programs: Communication Skills Guide will have been given to you at the beginning of your program. This guide will assist you structure your assignments. A copy of the guide can also be downloaded from

http://www.adelaide.edu.au/professions/hub/downloads/Communication-Skills-Guide.pdf  

 
This publication also provides guidelines on a range of other important communication skills including writing essays and management reports, making oral presentations etc.

In preparing any written piece of assessment for your postgraduate studies it is important to draw on the relevant ‘literature’ to support critical analysis. Also essential is to reference the literature used. Correct referencing is important because it identifies the source of the ideas and arguments that you present, and sometimes the source of the actual words you use, and helps to avoid the problem of plagiarism. (Further information on plagiarism is provided later in this course outline.)

The Harvard system is widely used in the Business School. Guidelines for the use of this style of referencing can be found in the Communication Skills Guide.

Further assistance with referencing is available from the Faculty’s Learning Support Advisors. The contact details are provided on page 6 of the Communication Skills Guide.

 
Late Assignment Submission

Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the lecturer in charge of the course before the due date. Each request will be assessed on its merits. 


 
Replacement/Additional Assessment (R/AA)
Illness

1. Anyone who cannot submit a major assignment/sit an examination due to illness must submit the appropriate University of Adelaide form.

2. Normal doctor’s certificates alone do not have to be accepted.

3. An application must be accompanied by the form downloaded from: http://www.adelaide.edu.au/student/exams/mod_arrange.html



Compassionate Grounds

For a replacement examination on compassionate grounds refer to: http://www.adelaide.edu.au/student/exams/mod_arrange.html

 
Academic grounds

To qualify for Academic supplementary Assessment students must achieve a total mark of at least 45%.