Discover how in-depth study of financial statements can guide a firm’s investment, strategic and credit decisions. Sort through data from real life business cases. Look at pension and employee benefits. Engage in qualitative and quantitative analysis.
Australia's largest dual-sector institute, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 60,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.
On successful completion of this subject you will be able to:
CLO 1: Apply established techniques for analysing financial statement information for forecasting, valuation and risk analysis purposes
CLO 2: Apply the major concepts and theories of fundamental analysis and key steps involved in conducting a fundamental analysis and valuation of a company
CLO 3: Use financial statement information in a modelling environment to identify and recommend solutions to variety of financial challenges
CLO 4: Analyse and synthesise a firm’s financial statement information in the context of the firm’s economic and business condition to make informed recommendations on investment decisions about the firm.
Financial analysis is an integral part of the business analysis of the firm; it requires examination of the prevalent economic situation, industry analysis, and the firm’s strategic position. The financial information contained in a firm’s financial statements should be interpreted within those contexts and constraints. This subject covers the basics of both qualitative and quantitative analysis of the firm’s reports and then looks further into risk analysis, forecasting and valuation techniques. The aim is to provide a working knowledge of the role of financial reports in the overall firm valuation, with emphasis on strategic analysis. This subject adopts a practical approach where possible using data from real life cases. You will gain an appreciation of the usefulness and importance of financial statement information and the tools used to evaluate such information.