This unit emphasises how parties external to the company employ publicly available information, company reports and financial market information to evaluate the current and predict the future financial condition of the company. The analytical techniques of financial statement analysis (e.g. fundamental analysis, cash flow analysis and pro forma analysis) and the issue of the 'reliability' and 'quality' of publicly available information are discussed and explored. Analytical tools are applied in different decision contexts such as equity valuation, mergers and acquisitions, lending decisions and the evaluation of managerial performance. -- Course Website
Prerequisites: FINA1221/2221 Introduction to Finance
