Business Valuation Course Outline
AC3103: Accounting Analysis and Equity Valuation
2014-15 Semester 1
AC3103
ACCOUNTING ANALYSIS AND EQUITY VALUATION
_________________________________________________________________________
Academic Year
:
2014-2015
Semester
:
1
Course
Coordinator
:
Dr. JIAN Ming
Other
Instructor(s)
:
Dr. TAN Mui Siang, Patricia
Adj A/P Eric TEO
Pre-requisites
:
AC2101 Accounting Recognition and Measurement
No. of AUs
:
4
Course Description and Scope
There are two parts to this course. Part I examines the roles of accounting, the implications of financial accounting for capital market efficiency, the current shift to the use of current values, and the implications of the use of current values on the usefulness of financial reporting. Part II focuses on identifying, assessing and applying information for the purposes of analysing and valuing business activities and entities. The course employs the agency framework within a capital market context to help students develop the necessary analysis and valuation skills.
Cases and projects are used to help students integrate the accounting, capital market efficiency, business analysis and valuation concepts. Healthy scepticism is emphasized, as students are encouraged to challenge the assumptions and facts related to each issue.
Course Learning Objectives
After the completion of this course, students should understand and appreciate some of the rationales and characteristics that underlie financial reporting and business practices. Students should also appreciate the myriad interactions among the process of business analysis and valuation, the use of information sets (accounting and non-accounting), and the workings of the capital markets.
Students are expected to develop important knowledge, skills and attitudes in AC3103. The main objectives are to develop students’ (1) technical knowledge (as listed in the outline), (2) tolerance for ambiguity in a dynamic
2014-15 Semester 1
AC3103
ACCOUNTING ANALYSIS AND EQUITY VALUATION
_________________________________________________________________________
Academic Year
:
2014-2015
Semester
:
1
Course
Coordinator
:
Dr. JIAN Ming
Other
Instructor(s)
:
Dr. TAN Mui Siang, Patricia
Adj A/P Eric TEO
Pre-requisites
:
AC2101 Accounting Recognition and Measurement
No. of AUs
:
4
Course Description and Scope
There are two parts to this course. Part I examines the roles of accounting, the implications of financial accounting for capital market efficiency, the current shift to the use of current values, and the implications of the use of current values on the usefulness of financial reporting. Part II focuses on identifying, assessing and applying information for the purposes of analysing and valuing business activities and entities. The course employs the agency framework within a capital market context to help students develop the necessary analysis and valuation skills.
Cases and projects are used to help students integrate the accounting, capital market efficiency, business analysis and valuation concepts. Healthy scepticism is emphasized, as students are encouraged to challenge the assumptions and facts related to each issue.
Course Learning Objectives
After the completion of this course, students should understand and appreciate some of the rationales and characteristics that underlie financial reporting and business practices. Students should also appreciate the myriad interactions among the process of business analysis and valuation, the use of information sets (accounting and non-accounting), and the workings of the capital markets.
Students are expected to develop important knowledge, skills and attitudes in AC3103. The main objectives are to develop students’ (1) technical knowledge (as listed in the outline), (2) tolerance for ambiguity in a dynamic
References: Teamwork Value Rubric - Association of American Colleges and Universities. Retrieved from http://www.aacu.org/value/rubrics/pdf/teamwork.pdf 18