Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ACF435
Module Title: Financial Analysis
Module Level: Level 4
Module Credits: 5.00
Academic Year: 2019/20
Semester: SEM1
Originating Department: International Business School Suzhou
Pre-requisites: N/A
   
Aims
This module will allow the candidate to integrate their understanding of economics with financial statement analysis to perform a fundamental analysis of a company (that can then be applied to either equity or fixed income security valuation in other modules).

1. The candidate should be able to demonstrate a thorough knowledge of microeconomic and macroeconomic principles.

2. The candidate should be able to demonstrate a thorough knowledge of financial reporting procedures and the rules that govern financial reporting disclosure. Emphasis is on basic financial statements and how alternative accounting methods affect those statements and the analysis of financial statement relationships.

3. The candidate will the learn how to integrate the three subjects to form a holistic and integrated approach to corporate valuation.


This module is compulsory for MSc Investment Management programme, and optional for MSc Financial Computing programme. It provides an integrated framework for the candidate to conduct a thorough analysis in financial statements at the company level by taking a number of economic factors and principals into account, which develops the candidate’s capabilities of qualitative and quantitative analysis.
Learning outcomes 
A A systematic understanding of knowledge, and a critical awareness of current issues in the area of professional practice related to financial analysis

B Originality in the application of knowledge, together with a practical understanding of established, applied techniques of research and analysis as used to interpret knowledge and practice in the area

C Conceptual understanding that enables the student to evaluate methodologies and develop critiques of them and, where appropriate, propose new practices

Method of teaching and learning 
This module will be taught using a combination of lectures, tutorials and practicals in the Thomson Reuters financial lab. Learning will also be reinforced by readings from the textbook and industry reports and analysis. Extensive use will be made of case studies and highlight the various ethical and professional standards in the industry related to this market activity.
Syllabus 
• Market forces of demand and supply

• The firm and industry organization

• Measuring national income and growth

• Business cycles

• The monetary system

• Inflation

• International trade and capital flows

• Currency exchange rates

• Monetary and fiscal policy

• Economic growth and development

• Effects of government regulation

• Impact of economic factors and investment markets

• Financial reporting systems (IFRS & GAAP)

• Principal financial statements

• Analysis of inventories, long-lived assets, taxes, debt

• Analysis of off-balance sheet assets and liabilities

• Analysis of pensions, stock compensation and other employee benefits

• Analysis of inter-corporate investments and business combination

• Analysis of global operations

• Ratio and financial analysis

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 13  13    13    111  150 

Assessment

Sequence Method % of Final Mark
1 Company Research Report 40.00
2 Midterm Exam 30.00
3 Final Exam 30.00

Module Catalogue generated from SITS CUT-OFF: 6/6/2020 11:01:41 PM