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Analysis of Firms & Financial Statements (ACCT30001)
Undergraduate level 3Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
Semester 1
Matt Pinnuck: mpinnuck@unimelb.edu.au
Semester 2
Matt Pinnuck: mpinnuck@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
The subject is a capstone subject in accounting. The subject is designed to teach the underlying concepts and applied contemporary techniques that enable the users of financial reports to assess the performance of a firm, value a firm and evaluate its managers. The course is seen as an extension and integration of both accounting and the also the finance, economics and statistics subjects you studied earlier in your degree. The applied concepts taught will be useful to students in practice both as preparers and as users.
The objective of this course is to equip students with both the concepts and techniques to be able to: (a) understand that information is imperfect and be able to understand the determinants of bias and random errors in information (b) use financial reports to assess the level and drivers of firm performance; (c) value firms and (d) consider whether markets are efficient in the use of information and if regulation over the production of external financial reports (and other information) is required.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Explain the impact of financial reports on economic activity;
- Analyse the principles and incentives associated with the recognition and measurement of a firm's economic activity in financial reports and the biases and random errors that occur;
- Discuss the tools and frameworks necessary to use financial reports to understand, analyse and evaluate the performance of a firm;
- Evaluate the concepts and approaches associated with the use of financial reports for valuation; and
- Synthesise the range of emerging issues in financial accounting.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- High level of development: oral communication; written communication; problem solving; application of theory to practice; interpretation and analysis; critical thinking.
- Moderate level of development: statistical reasoning; receptiveness to alternative ideas.
- Some level of development: collaborative learning; team work; use of computer software; synthesis of data and other information.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT20002 | Intermediate Financial Accounting |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
AND
One of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE10002 | Principles of Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
FNCE20001 Business Finance
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 11 April 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Mid-semester test
| Mid semester | 20% |
Group assignment (group size of 3-4 students)
| Week 10 | 20% |
End-of-semester examination
| During the examination period | 60% |
Last updated: 11 April 2024
Dates & times
- Semester 1
Principal coordinator Matthew Pinnuck Mode of delivery On Campus (Parkville) Contact hours One 2-hour workshop per week from weeks 2 to 12, a pre-recorded lecture each week and six 90-minute face-to-face lectures throughout the semester Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 Semester 1 contact information
Matt Pinnuck: mpinnuck@unimelb.edu.au
- Semester 2
Principal coordinator Matthew Pinnuck Mode of delivery On Campus (Parkville) Contact hours One 2-hour workshop per week from weeks 2 to 12, a pre-recorded lecture each week and six 90-minute face-to-face lectures throughout the semester Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024 Semester 2 contact information
Matt Pinnuck: mpinnuck@unimelb.edu.au
Time commitment details
170 hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Production)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 11 April 2024