Course Outlines 2024

ACCTFIN 7017 - Financial Statement Analysis (M)

North Terrace Campus - Semester 1 - 2024
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.

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General Course Information

Course Details

Course Code ACCTFIN 7017

Course Financial Statement Analysis (M)

Coordinating Unit Accounting

Term Semester 1

Level Postgraduate Coursework

Location/s North Terrace Campus

Units 3

Contact Up to 3 hours per week

Available for Study Abroad Y

and Exchange

ACCTING 7019 and CORPFIN 7005 and (CORPFIN 7033 or CORPFIN

Prerequisites
7033MELB) and (ECON 7200 or ECON 7243)

Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture

Course Staff
Course Coordinator: Professor Alfred Yawson

Teaching Staff:

Prof Alfred Yawson

Email: alfred.yawson@adelaide.edu.au

Dr Xiaohui Liu
Email: xiaohui.liu@adelaide.edu.au

Dr Yulin Li (Kevin)
Email: yulin.li@adelaide.edu.au

Course Timetable
The full timetable of all activities for this course can be accessed from Course Planner.

Learning Outcomes
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:

Course Learning
University Graduate Attribute
Outcome(s)

Attribute 1: Deep discipline knowledge and intellectual breadth 1,2,3

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 1,2,3

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 1,2,3

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 1,2,3

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 1,2,3

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 1,2,3

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.

Learning Resources
Required Resources
Subramanyam, K. R. 2014. Financial Statements Analysis, 11th Edition, McGraw-Hill New York.
Recommended Resources
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.
Online Learning
Please check your student email and MyUni as course-related announcements are communicated via email and also
posted onto MyUni.

Learning & Teaching Activities

Learning & Teaching Modes
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 the lecturer 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 taught in seminar mode which involves a combination of more structured learning (lectures) interspersed
with problem solving activities.

Workload
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 Summary
Topics to be covered are:

1. Overview of financial statement analysis

2. Analysing financing activities
3. Analysing investing activities
4. Analysing investing activities - intercorporate investments
5. Analysing operating activities
6. Casflow analysis
7. Return on invested capital and profitability analysis
8. Credit analysis
9. Equity analysis and valuation
10. Comprehensive case: Applying financial statement analysis

Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:

1. Assessment must encourage and reinforce learning.

2. Assessment must enable robust and fair judgements about student performance.
3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what
they have learned.
4. Assessment must maintain academic standards.

Assessment Summary

Assessment Task type Weighting Due date Learning

Task Outcome

Class test Individual 15% Seminars All

Group Group 25% Week 10 All

assignment

Final exam Individual 60% Exam All

period

Total 100%

Note that all assessments are summative.

Assessment Related Requirements

The 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 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.

Assessment Detail
Tutorial 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.
Submission
Assignment 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.
Course Grading
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.

Student Feedback
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.

Student Support
Academic Integrity for Students
Academic Support with Maths
Academic Support with writing and study skills
Careers Services
International Student Support
Library Services for Students
LinkedIn Learning
Student Life Counselling Support - Personal counselling for issues affecting study
Students with a Disability - Alternative academic arrangements
YouX Student Care - Advocacy, confidential counselling, welfare support and advice

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

Fraud Awareness
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.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University
of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the
important information contained in the disclaimer.