6 points, SCA Band 3, 0.125 EFTSL
Undergraduate, Postgraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Not offered in 2018
Students must be enrolled in course B3701.
This unit examines the association between financial reporting information and capital markets. Specific areas of focus include accounting-based valuation models, discussions of pricing of information risk in the context of the capital asset pricing models, expected cost of equity capital, implied cost of equity capital, cost of debt, and application of cost of capital to auditing.
The learning goals associated with this unit are to:
- describe accounting-based valuation methods and apply these methods to listed companies
- critically evaluate the role of information risk in securities pricing
- critically evaluate empirical research in cost of equity capital
- apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with the analysis of financial statements.
Within semester assessment: 50% + Examination: 50%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information