ACCTFIN 7017MELB - Financial Statement Analysis (M)
Melbourne Campus - Semester 2 - 2024
General Course Information
Course Code ACCTFIN 7017MELB Course Financial Statement Analysis (M) Coordinating Unit Accounting Term Semester 2 Level Postgraduate Coursework Location/s Melbourne Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Prerequisites ACCTING 7019 and CORPFIN 7005 and (CORPFIN 7033 or CORPFIN 7033MELB) and (ECON 7200 or ECON 7243) Restrictions Available only to University of Adelaide College Melbourne Campus students Course Description Financial Statement Analysis provides a framework for analysing and interpreting financial statement data in a variety of business valuation contexts. This course focuses on teaching managers and business analysts the skills to understand how business transactions are accounted for, and how these transactions appear in financial statements. In particular, the course helps to disentangle critical information that may have been disguised amidst transactional complexities and ?creative? financial reporting. The pedagogy adopted for this course is deliberately designed to closely follow the set text, and the range of applied questions provided in the text.
Course Coordinator: Dr Belen Blanco
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning Outcomes
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
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s)
Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
Attribute 5: Intercultural and ethical competency
Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.
Attribute 6: Australian Aboriginal and Torres Strait Islander cultural competency
Graduates have an understanding of, and respect for, Australian Aboriginal and Torres Strait Islander values, culture and knowledge.
Attribute 7: Digital capabilities
Graduates are well prepared for living, learning and working in a digital society.
Attribute 8: Self-awareness and emotional intelligence
Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.
Required ResourcesSubramanyam, K. R. 2014. Financial Statements Analysis, 11th Edition, McGraw-Hill New York.
Learning & Teaching Activities
Learning & Teaching ModesIn 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
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. 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.
Tutorial classes will be held weekly commencing the second week of the semester. 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 information below is provided as a guide to assist students in engaging appropriately with the course requirements.The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
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.
Learning Activities SummaryTopics 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
10. Earnings management
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Task Task type Weighting Due date Learning Outcome Particpation and engagement Individual 10% Tutorials All Group assignment (including individual component) Group 30% Week 10 All Final exam Individual 60% Exam period All Total 100%
Note that all assessments are summative.
Assessment Related RequirementsThe following additional conditions apply:
1. To gain a pass in this course, a mark of at least 50% must be obtained overall.
2. Students receiving a grade of between 45 and 49, may be eligible for additional assessment on academic grounds. This is automatically granted based on your results.
Assessment DetailTutorial participation and engagement is a key component of this course. The MyUni course page outlines the key requirements for success in this component and provides a rubric indicating how grades will be determined.
Detailed information on the group assignment will be discussed in class and posted onto the course MyUni webpage.
The final exam will be held during the examination period and it will cover lecture materials from Weeks 1 to 12 and the corresponding tutorials.
Details of each assessment component will be discussed in class and posted onto the course MyUni webpage.
SubmissionAssignment Guidelines including Referencing Details
The Communication Skills Guide can assist you to structure your assignments.
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 and also on the University Library website.
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.
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending
Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
- Academic Integrity for Students
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.
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