Financial Statement Analysis



This unit focuses on five key components of effective financial statement analysis: (1) business strategy analysis is the starting point and provides the foundation for the subsequent analysis; (2) accounting analysis involves examining how accounting rules and conventions represent (or do not represent) the economic reality of a firm in its financial statements; (3) financial analysis primarily involves the use of ratios to analyse a firm's performance against appropriate benchmarks; (4) prospective analysis involves the development of forecast financial statement information which can then be used to estimate a firm's value; and (5) the application of the above mentioned techniques to perform equity security analysis, credit analysis and distress prediction, and an understanding of the important elements of merger and acquisition activities.
Course period30/07/18 → …
Course levelUndergraduate
Course formatUnit