Business Valuation and Analysis

This module emphasizes on how parties external to the company employ publicly available information, company reports and financial market information to evaluate the current and predict the future financial condition of the company.

The analytical techniques of financial statement analysis (e.g. fundamental analysis, cash flow analysis and pro forma analysis) and the issue of the 'reliability' and 'quality' of publicly available information are discussed and explored. Topics covered in the module include strategic analysis, financial analysis, forecasting, valuation theory and concepts, valuation implementation, equity security analysis, credit analysis and distress prediction.

Pre-requisite: ACC2005 Investment analysis.