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Acct5907 International Financial Statement Analysis

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Acct5907 International Financial Statement Analysis
ACCT5907 INTERNATIONAL FINANCIAL STATEMENT ANALYSIS
Mid-semester Test 2 2012 Sem 1 (Solutions to Analysis Questions (section B) and comments)
General comments (1) Both the analysis questions were taken from the lecture examples, additional exercise, workbook exercises and practice test. Students who had worked through these materials were competent in handling the mid-term test. Students who believe that they did not perform as well as they had expected should going through the lecture materials and workbook more thoroughly before the final exam. You may also want to work through the mid-term 2 to identify the gaps in your understanding. It is important to focus on the topics that you have not achieved an adequate mark. Please see the final exam format announced on Blackboard. Note: You have to pass the final exam in order to pass the course. The final exam is three weeks away. You can do well in the final exam if you start preparing now. If you are short of time, the best strategy is to go through the lecture notes very carefully and make sure you work through all the examples. Try as many of the questions in the workbook. Students in the past have done reasonably well in the final exam even though they may not have done well in the mid-term test. The trick is to put in more effort at understanding the topics. Students who wish to discuss how to do well in this course should make an appointment to see me. My consultation hours in the revision week and the week of the exam will be on Wednesday 10:30-12:30pm. Note that the Friday consultation time is moved so that students can consult me prior to the examination on 15 June 2012. (2) Other than the usual problems of not preparing adequately for the examination, marks are lost because students did not read the question carefully. I have written down “Read Q” in the script to indicate that you should read the question carefully before you answer the question. Some students do not answer the question. Please

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