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Overview

Course Prescription

Advanced analysis of financial statements and the assessments of an organisation's performance. Evaluates tools and techniques used to measure and assess risk and value through an applied project.

Course Overview

This course will help participants to understand how financial statements are used to assess corporate performance, and to learn the fundamental skills necessary to perform an independent valuation of an organisation. This course builds on the skills gained in BUSMGT 713, BUSMGT 732 and BUSMGT 731 in helping students to understand how published financial information is used by various stakeholders to make decisions, in particular investment decisions. The course develops student skills in research, judgement and communication. Technical topics covered include financial performance ratios, credit risk assessment, accounting for debt and equity issuance, accounting for revenue, costs and tax, and understanding the impact of investments on performance. Different valuation methodologies such as Discounted Cash Flow, ROPI and Market-based valuation are introduced, and students incorporate this knowledge into a simple company valuation model and recommendation.

Workload Expectations

Each point in a course has 10 hours of learning, therefore this 15 point course has 150 hours learning. The class will meet for 5.5 hours each week. Class time will be used for lectures, discussions, problem solving, group work and for feedback from online quizzes/assessments. In addition to attending classes, students should be prepared to spend about another ten hours per week on activities related to this course. These activities include required readings, self-study questions and preparing the assessments. Students are strongly encouraged to seek assistance from the Business Communications Team (BCT) 48 hours prior to the submission date for assignments.

Course Prerequisites, Corequisites and Restrictions

Prerequisite

Locations and Semesters Offered

LocationSemester
City

Teaching and Learning

Campus Experience

Attendance is required at scheduled activities including lectures, tutorials and team-based learning (TBL) sessions to complete components of the course. The activities for the course are scheduled as a standard weekly timetable.
Lectures will be available as recordings. Other learning activities may be available as recordings if recording facilities are available.
The course will be delivered on campus. Tests will be held on campus and invigilated. 

Learning Resources

Taught courses use a learning and collaboration tool called Canvas to provide students with learning materials including reading lists and lecture recordings (where available). Please remember that the recording of any class on a personal device requires the permission of the instructor.

Additional Information on Learning Resources

The required textbook for this course is: Easton, P.E, McAnally, M.E, Sommers, G.A, & Zhang, X, Financial Statement Analysis & Valuation. (4th ed). Cambridge Business Publishers. This textbook is available for purchase from the University of Auckland Bookshop (UBS) or you can purchase an electronic version using this link:https://mybusinesscourse.com/auth/account_required?product=14 All other course readings are available via Reading Lists under each module on the Canvas page or in the Reading List module on Canvas.

Copyright

The content and delivery of content in this course are protected by copyright. Material belonging to others may have been used in this course and copied by and solely for the educational purposes of the University under license.


You may copy the course content for the purposes of private study or research, but you may not upload onto any third-party site, make a further copy or sell, alter or further reproduce or distribute any part of the course content to another person.

Learning Continuity

In the event of an unexpected disruption, we undertake to maintain the continuity and standard of teaching and learning in all your courses throughout the year. If there are unexpected disruptions the University has contingency plans to ensure that access to your course continues and course assessment continues to meet the principles of the University’s assessment policy. Some adjustments may need to be made in emergencies. You will be kept fully informed by your course co-ordinator/director, and if disruption occurs you should refer to the university website for information about how to proceed.

Academic Integrity

The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed for potential plagiarism or other forms of academic misconduct, using computerised detection mechanisms.

Similarly, research students must meet the University’s expectations of good research practice. This requires:

  • Honesty - in all aspects of research work
  • Accountability - in the conduct of research
  • Professional courtesy and fairness – in working with others
  • Good stewardship – on behalf of others
  • Transparency – of research process and presentation of results
  • Clarity - communication to be understandable, explainable and accessible

For more information on the University’s expectations of academic integrity, please see the Academic Conduct section of the University policy hub.

Disclaimer

Elements of this outline may be subject to change. The latest information about taught courses is made available to enrolled students in Canvas.

Students may be asked to submit assessments digitally. The University reserves the right to conduct scheduled tests and examinations online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. In exceptional circumstances changes to elements of this course may be necessary at short notice. Students enrolled in this course will be informed of any such changes and the reasons for them, as soon as possible, through Canvas.


Assessment and Learning Outcomes

Course Learning Outcomes

CLO #OutcomeProgramme Capability Link
1
2
3
4
5

Assessments

Assessment TypeAssessment PercentageAssessment Classification

Assessment to CLO Mapping

Assessment Type12345

Student Feedback, Support and Charter

Student Feedback

Feedback on taught courses is gathered from students at the end of each semester through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions. Your feedback helps teachers to improve the course and its delivery for future students. In addition, class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.

Additional Information on Student Feedback

Based on student feedback, the weightings of assignment vs test grades has been adjusted to allocate more weight to the assignments. 50% of the content is still tested under secure conditions to meet the requirements of the accounting bodies. 

Class representatives

Class representatives are students tasked with representing student issues to departments, faculties, and the wider university. If you have a complaint about this course, please contact your class rep who will know how to raise it in the right channels. See your departmental noticeboard for contact details for your class reps.

Additional Information on Class Representatives

Business Masters courses have Cohort representatives rather than class representatives. The Cohort representatives represent the views of accounting specialisation students for all courses running that quarter. 

Tuākana

Tuākana is a multi-faceted programme for Māori and Pacific students providing topic specific tutorials, one-on-one sessions, test and exam preparation and more. Explore your options at Tuakana Learning Communities.

Inclusive Learning

All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.

Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website.

Wellbeing

We all go through tough times during the semester, or see our friends struggling. There is lots of help out there - please see the Support Services page for information on support services in the University and the wider community.

Special Circumstances

If your ability to complete assessed work is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due. If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page. This should be done as soon as possible and no later than seven days after the affected test or exam date.

Student Charter and Responsibilities

The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter.

Student Academic Complaints and Disputes

Students with concerns about teaching including how a course is delivered, the resources provided, or supervision arrangements, have the right to express their concerns and seek resolution. The university encourages informal resolution where possible, as this is quicker and less stressful. For information on the informal and formal complaints processes, please refer to the Student Academic Complaints Statute in the Student Policies and Guidelines section of the Policy Hub.