Accounting and Finance for Actuaries (ACCT90042)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 1
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This subject has two main objectives. Firstly, it is designed to enable students to have the ability to analysis and interpret the financial statements of companies and financial institutions. Secondly, to provide a basic understanding of corporate finance including a knowledge of the instrument used by companies to raise finance and manage financial risks.  

Intended learning outcomes

On successful completion of this subject, students should be able to:

  • Describe the nature and purpose of financial statements
  • Analyse and interpret financial statements and the accounting policy choices that influence how they should be used
  • Describe the structure of a company and the different methods by which it may be financed
  • Understand how a company's cost of capital determines the nature of the investment projects it undertakes

Generic skills

  • Think critically about financial accounting reports and corporate finance
  • Evaluate, analyse and interpret relevant accounting information and corporate finance
  • Utilise problem solving skills
  • Articulate responses, either orally or in written form

Last updated: 4 March 2025