Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor / Lecturer
Les Gordon
Contact via Email
Refer to iLearn
Angela Chow
|
---|---|
Credit points |
Credit points
4
|
Prerequisites |
Prerequisites
Admission to MBkgFin or MCom
|
Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
|
Unit description |
Unit description
This unit equips students with financial analysis skills to support advanced study in corporate finance and investment analysis. Emphasis is placed on being able to interpret financial statements in the context of a company’s operational performance and strategy, to assess historical financial performance and to prepare a spreadsheet based financial model capable of forecasting integrated financial statements for a company. After this unit, students should understand the language of financial statements, and be able to use an Annual Report to develop an understanding of a company’s historical performance and prospects. Specific topics include the Income Statement, Balance Sheet, Cash Flow Statement and financial statement analysis using Dupont methodology. Financial modelling applications will also be developed, so students will be able to prepare forecasts for the three financial statements, as well as being able to integrate the three statements.
|
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
It is the responsibility of students to view their marks for each within session assessment on iLearn within 20 working days of posting. If there are any discrepancies, students must contact the unit convenor immediately. Failure to do so will mean that queries received after the release of final results regarding assessment marks (not including the final exam mark) will not be addressed.
Assessment criteria for all assessment tasks will be provided on the unit iLearn site.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Short Exercises | 20% | No | In iLearn |
Quizzes | 20% | No | In iLearn |
Assignment | 30% | No | In iLean |
Final Examination | 30% | No | Exam week |
Due: In iLearn
Weighting: 20%
Summary of Assessment Task
Individual / Group: Individual
Due Dates: See assessment summary in iLearn for due dates.
Timing: Short exercises will be conducted during the term. Refer to the assessment summary in iLearn.Please use the first three exercises as an indicator of whether you are progressing satisfactorily in the unit. If you are having difficulties, please see the Unit Convenor and consider withdrawing before the census date on Friday of week 4
Grading Method: See assessment summary in iLearn.
Submission Method: Online via the Unit's iLearn site.
Extension Requests:
Due: In iLearn
Weighting: 20%
Summary of Assessment Task
Individual / Group: Individual
Due Dates: See assessment summary in iLearn for due dates
Timing: Two online quizzes will be conducted during the term.
Submission Method: Online via iLearn.
Quiz Conditions: Open book.
Extension Requests:
Due: In iLean
Weighting: 30%
Summary of Assessment Task
Individual / Group: Individual
Due Dates: See iLearn for the due date.
Submission Method: Via iLearn.
Extension Requests:
No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for disruption of studies is made and approved. No submission will be accepted after solutions have been posted.
Due: Exam week
Weighting: 30%
Summary of Assessment Task
Individual / Group: Individual
Due Date: The final exam will be held in the University Final Exam Period.
Submission Method: The final exam will be an open book exam (with restrictions), held on campus and invigilated.
Duration: 2 hours
Extension Requests:
Deferral of an examination is not permitted, unless special consideration has been approved by the Director of Studies under the University’s Disruption to Studies Policy.
Required Text:
Financial Statements Demystified by Kramer and Johnson 209 McGraw-Hill.
This textbook is available as either a print book or eBook. Details of the two versions are shown below:
Print book: Financial Statements Demystified, ISBN 9780071543873, available at http://www.mhprofessional.com/product.php?isbn=0071543880
Additional Readings:
Assumed Knowledge: Mathematical content
Solve for Z5:$1,000 = $681.20(1+Z5/2)10
Assumed Access: Access to a computer with word processing and spreadsheet capability is assumed, as is general student computer literacy. A recent version of Excel is the preferred choice spreadsheet.
This unit will make use of the University's iLearn system.
Unit's iLearn Site:
Important Notice:
Assumed access to technology: Access to a computer with word processing and spreadsheet capability is assumed, as is general student computer literacy. A recent version of Excel is the preferred choice spreadsheet.
The following schedule is a guide to the timing of each topic. Details of the required readings are provided in iLearn.
Week | Topic |
1 | Topic 1: Introduction to financial statement analysis |
2 | Topic 2: Introduction to modelling |
3 | Topic 3: Preparing financial statements |
4 | Topic 4: A closer look at the balance sheet |
5 | Topic 5: Preparing a financial model Part 1 |
6 | Topic 6: Preparing a financial model Part 2 |
7 | Topic 7: Revisit the Plan and the Plug |
8 | Topic 8: Analysis of financial statements Part 1 |
9 | Topic 9: Analysis of financial statements Part 2 |
10 | Topic 10: Preparing a financial model Part 3 |
11 | Topic 11 Modelling a Bank |
12 | Topic 12: Advanced Excel functions and tools |
13 | Revision/Exam preparation |
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy_2016.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Complaint Management Procedure for Students and Members of the Public http://www.mq.edu.au/policy/docs/complaint_management/procedure.html
Disruption to Studies Policy (in effect until Dec 4th, 2017): http://www.mq.edu.au/policy/docs/disruption_studies/policy.html
Special Consideration Policy (in effect from Dec 4th, 2017): https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policies/special-consideration
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.
Supplementary Examination
Further information regarding supplementary exams, including dates, is available here
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Learning Skills (http://www.students.mq.edu.au/support/learning_skills/) provides academic writing resources and study strategies to improve your marks and take control of your study.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
This graduate capability is supported by:
We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.
This graduate capability is supported by:
Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.
This graduate capability is supported by:
This unit guide contains important information about the Unit. If anything is unclear, please consult one of the unit lecturers.