Mr Michael Vincent
6 points · 3 hours per week · First, second semester · Caulfield, in-house
Objectives On completion of this subject students should be able to identify and assess credit risks using a variety of sources of information, in particular the analysis of financial statements, and appreciate the nature of bank securities.
Synopsis Topics include the credit risk assessment process; accounting fundamentals; reading financial statements (including ratio analysis); using budgeted financial statements (including breakeven analysis, what-if analysis and variance analysis); creative accounting; technical accounting update; business structures; current issues in insolvency and loan security.
Assessment Assignment: 20% · Class presentation: 10% · Examination (3 hours): 70%
Prescribed texts
To be advised
Back to the 1999 Business and Economics Handbook