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Advance Financial Accounting

In: Business and Management

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School of Accounting and Finance

AF 4331 Business Valuation

2015/2016 Semester One

Course Outline

Subject Code : AF4331

Subject Title : Business Valuation

Level : 4

Credits : 3

Mode of Study : Seminars 39 hours

Pre-requisites : Corporate Finance (AF4320)

Instructor ; Emmie SIU

Office Phone : 27666340

E-mail :

Consultation : Monday 2:30 pm to 6:30 pm

Role and Purpose

This subject aims to introduce an analytical framework for carrying out business analysis and valuation by using financial statements for valuing different kind of businesses.

It contributes to the achievement of the BBA Programme Outcomes by enabling students to identify and resolve ethical issues contained in the financial statements (Outcome 4), apply basic accounting and financial theories to analyze financial reports and to identify potential problems and risks (Outcome 7). By the end of this subject, students will become a professional user of financial statements to advance further into the field of business valuation as investment analysis. It requires students to present and communicate effectively in English for general business communication (Outcome 1).

Learning Outcomes

Upon completion of the subject, students will be able to:

a. Develop the ability to critically assess a firm’s financial condition through analyzing financial statements;

b. Apply analytical tools to make forecasts and value firms and projects using different valuation techniques; in certain business context such as credit analysis and equity valuation.

c. Evaluate and compare corporate valuation decision in specific contexts such as securities analysis, credit assessment...

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