units

ACX4150

Faculty of Business and Economics

Undergraduate, Postgraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate, Postgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Accounting
OfferedCaulfield Second semester 2014 (Day)

Synopsis

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.

Outcomes

The learning goals associated with this unit are to:

  1. describe accounting-based valuation methods and apply these methods to listed companies
  2. critically evaluate the role of information risk in securities pricing
  3. critically evaluate empirical research in cost of equity capital
  4. apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with the analysis of financial statements.

Assessment

Within semester assessment: 50%
Examination: 50%

Chief examiner(s)

Workload requirements

3 hours per week

Co-requisites

Students must be enrolled in course 0181 or 0171 or 4416 to undertake this unit.

Prohibitions