AFC3230

Financial analysis and valuation ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Associate Professor Paul Mather

Offered:
Clayton Second semester 2006 (Day)

Synopsis: Analysis of published financial statements, application and use of financial ratios and forecasting techniques. Cash flow-based share valuation, including discounted cash flow and free cash flow approaches to valuation; accounting-based share valuation including earnings multiples, residual income valuation models and economic value added. Credit analysis and financial distress prediction, equity security analysis and mergers and takeovers, based on Australian and international case studies.

Assessment: Written (2500 words): 25% + Group presentation: 15% Examination (3 hours): 60%

Contact Hours: One 2-hour lecture and one 1-hour tutorial per week

Prerequisites: AFC2120 or AFC2140