Advanced Financial Statement Analysis for Undergraduates

Accounting and Finance, Business School

College of Social Sciences

Details

Code 18372

Level of study Third/Final year

Credit value 10

Semester 1

Module description

The module provides a basic introduction to financial statement analysis techniques and the valuation of firms using financial statement data. An introduction to various valuation models is followed by an introduction to fundamental analysis techniques. The module takes the view that investors may profit from the adoption of an active investment strategy based on fundamental analysis.

The module will cover the following specific topics: the dividend valuation model, cash flow valuation models, earnings valuations models; horizontal and vertical financial statement analysis of time series data; financial ratio calculation and interpretation including capital market data; cash flow statement analysis; forecasting methods; determinants of accounting information quality; equity risk and the cost of capital for financial statement analysis.

Teaching and learning methods

Ten 2 hours lectures, nine 1 hour tutorial classes, one 3 hours revision lecture and one 3 hours revision tutorial class.