Note: This is an archived Handbook entry from 2009. Search for this in the current handbook
|Dates & Locations:|| |
This subject has the following teaching availabilities in 2009:Semester 2, - Taught on campus.
Timetable can be viewed here. For information about these dates, click here.
|Time Commitment:||Contact Hours: One 3-hour seminar per week (Semester 2). |
Total Time Commitment: Not available
|Prerequisites:||Acceptance into the Master of Accounting or 306-683 Corporate Reporting (or equivalent) and 333-641 Financial Management (or equivalent).|
|Recommended Background Knowledge:||None|
|Non Allowed Subjects:||None|
|Core Participation Requirements:||
For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.
It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability
CoordinatorDr Peter Bruno Vassallo
|Subject Overview:||This subject examines the usage of financial statements for the fundamental valuation of an entity. Methods to determine stock value using fundamental analysis will be examined in detail and applied in projects involving listed local and multinational companies. This subject will focus on the residual income valuation model as a means of determining the intrinsic value of an entity using only accounting data. This subject will explore the relation between the residual income valuation model, discounted cash flow valuation methods and Economic Value Added (EVA). The subject will also consider forecasting firms' futures, determining firms' price/earnings and market to book ratios, and the analysis of risk.|
|Objectives:||On successful completion of this subject, students should be able to: |
|Assessment:||One 2-hour end of semester examination (50%), in class tests (15%), seminar participation (5%) and assignments totalling not more than 3000 words (30%). Successful completion of this subject requires a pass (50%) in the final exam.|
|Prescribed Texts:||To be advised|
|Breadth Options:|| |
This subject is not available as a breadth subject.
|Fees Information:||Subject EFTSL, Level, Discipline & Census Date|
|Generic Skills:||On successful completion of this subject, students should have improved the following generic skills: |
|Notes:||Students who have completed 306-330 Business and Financial Analysis should take an elective in place of 306-667 Accounting Information and Security Valuation.|
Graduate Certificate in Business Forensics |
Master of Accounting
Master of Accounting
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