UNIVERSITY OF KENT
MODULE SPECIFICATION TEMPLATE
SECTION 1: MODULE SPECIFICATIONS
1.
Title of the module
Business Valuation and Financial Analysis (CB723)
2.
School or partner institution which will be responsible for management of the
module
Kent Business School
3.
Start date of the module
January 2015
4.
The number of students expected to take the module
40
5.
Modules to be withdrawn on the introduction of this proposed module and
consultation with other relevant Schools and Faculties regarding the withdrawal
None
6.
The level of the module (e.g. Certificate [C], Intermediate [I], Honours [H] or
Postgraduate [M])
Level H
7.
The number of credits and the ECTS value which the module represents
15 credits (7.5 ECTs)
8.
Which term(s) the module is to be taught in (or other teaching pattern)
Spring
9.
Prerequisite and co-requisite modules
Prerequisite: AC506
10. The programmes of study to which the module contributes
BA (Hons) Accounting and Management
BA (Hons) Accounting and Management with a Year in Industry
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UNIVERSITY OF KENT
11. The intended subject specific learning outcomes
11.1
Knowledge and systematic understanding of the technical, economic and social
environment within which corporate financial statements are analysed.
11.2
Knowledge, understanding, and application of company valuation models and the
role of corporate financial statements in company valuation.
11.3
Knowledge and systematic understanding of the technical language and practices
employed in the analysis of financial statements and be able to deploy them within
analysis of financial statements.
11.4
Knowledge and systematic understanding of alternative technical languages and
practices proposed for use in the analysis of financial statements and be able to
deploy them within analysis of financial statements.
11.5
Ability to critically evaluate arguments and evidence in company financial
statements and valuations.
11.6
Ability to perform company valuations using corporate financial statements and
other relevant financial data.
11.7
Ability to locate, extract and analyse corporate accounting and financial data from
multiple sources.
12. The intended generic learning outcomes
The module supports the following generic learning outcomes
12.1
Use communication and information technology in acquiring, analysing and
communicating information.
12.2
Communicate effectively orally and in writing
12.3
Ability to critically evaluate arguments and evidence
12.4
Work in groups and be able to effectively communicate with others in a problem
solving and report writing environment.
12.5
Develop and demonstrate ability to undertake independent and self-managed
learning.
13. A synopsis of the curriculum
The aim of this module is to develop students’ ability to analyse corporate financial
statement information and to make performance evaluations and investment decisions. The
module investigates the role of corporate financial statements in the context of company
valuation and aim to cover the following topics:
 Foundations of financial statement analysis
 Economic and sector performance
 Financial reporting model
 Critique of financial statements
 Standardising financial statement information
 Ratio analysis
 Economics of valuation and valuation models
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UNIVERSITY OF KENT
14. Indicative Reading List
Core Textbook
Palepu, K.G., Healey, P.M. and Peek, E. (2013) Business Analysis and Valuation: Text
and Cases. IFRS Edition, Mason: Thompson South Western
Further indicative readings:
Barker, R. (2001) Determining Value Harlow: Prentice Hall.
Holmes, G. Sugden, A. and Gee, P. (2008) Interpreting Company Reports and
Accounts, 10thedn. London: Prentice Hall
Subramanyam, K.R. and Wild, J (2008). Financial Statement Analysis. 10thedn. London:
McGraw Hill
Robins, P. (2010) A student’s guide to Analysing Corporate Reports, 2010, London:
Kaplan Publishing
15. Learning and Teaching Methods, including the nature and number of contact hours
and the total study hours which will be expected of students, and how these relate to
achievement of the intended module learning outcomes:
The module employs two different modes in its approach to teaching and learning: lectures
and workshops. The objective of the former is to formally introduce the conceptual and
theoretical components/concepts of the course. Tutor-led workshops are designed to
encourage active learning and peer-based methods of learning by setting questions for
prior completion and actively encouraging discussion and feedback on those questions to
solve numerical problems. In both lectures and workshops, time is also given for comments
and questions.
Hours
Subject LOs
Generic LOs
Lectures
22
11.1 – 11.7
12.3
Seminars
10
11.1 – 11.4, 11.6, 11.7
12.1 – 12.4
Independent study
118
11.5 – 11.7
12.1, 12.3, 12.5
Total hours
150
16. Assessment methods and how these relate to testing achievement of the intended
module learning outcomes
Weighting
Subject LOs
Generic LOs
70%
11.1 – 11.6
12.2, 12.3, 12.5
Group Company Report –15%
1500 words
11.1 – 11.7
12.1 – 12.5
One Hour Class Test
11.1 – 11.6
12.2, 12.3, 12.5
Examination – 2 hour
unseen
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15%
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UNIVERSITY OF KENT
The Group Company Report will provide analysis of a company within an industry. Students will be
placed into groups of three of four with feedback being given on their report. An informal group
meeting will be held with the workshop leader to assess active engagement within the group. The
report will be marked as a group assessment, overall.
17. Implications for learning resources, including staff, library, IT and space
Staff time for the teaching hours outlined above. Library resources should be sufficient for
the indicative reading, lecturing and seminar facilities. There are no specific IT requirements
for this module beyond Moodle for module material.
18. The School recognises and has embedded the expectations of current disability
equality legislation, and supports students with a declared disability or special
educational need in its teaching. Within this module we will make reasonable
adjustments wherever necessary, including additional or substitute materials,
teaching modes or assessment methods for students who have declared and
discussed their learning support needs. Arrangements for students with declared
disabilities will be made on an individual basis, in consultation with the University’s
disability/dyslexia support service, and specialist support will be provided where
needed.
19. Campus(es) where module will be delivered:
Medway
SECTION 2: MODULE IS PART OF A PROGRAMME OF STUDY IN A UNIVERSITY
SCHOOL
Statement by the School Director of Learning and Teaching: "I confirm I have been
consulted on the above module proposal and have given advice on the correct procedures and
required content of module proposals"
...............................................................
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Director of Learning and Teaching
Date
…………………………………………………
Print Name
Statement by the Head of School: "I confirm that the School has approved the introduction of
the module and, where the module is proposed by School staff, will be responsible for its
resourcing"
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Head of School
Date
…………………………………………………….
Print Name
Module Specification Template
Last updated February 2013
Approved March 2014
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