Basic principles and concepts of accounting that underlie the production of information for internal and external reporting. This course provides the technical platform for second year courses in financial and management accounting, finance, and accounting information systems.
Focuses on practical aspects of corporate finance. Topics covered include: concepts of value creation, risk and required rates of return, financial maths, capital budgeting, capital structure and dividend policies.
Public Finance studies the subset of public (government) policies that are fiscal in nature. Such policies include government taxation, expenditures, and debt. The objective of this course is to provide the conceptual foundation using microeconomic theory to understand the economic impacts of fiscal policies. This course will mainly focus on the federal (national) government, but many of the analyses are directly applicable to state, regional, and local governments as well.
PREREQUISITES: ECON-101 – Must be completed prior to taking this course.
This course provides an introduction to the theory, methods, and challenges of corporate finance. The main focus is on financing decisions and investment. The following topics are addressed: risk and return, asset markets and market efficiency, valuation, capital structure, capital budgeting, dividend policy, and derivative securities. Some consideration will also be given to financial management issues that multinational firms face, with an emphasis on the effects of currency denomination on financial decisions.
Introduction to financial accounting principles, including preparation and analysis of financial transactions and financial statements. Valuation and recording of asset-related transactions, including cash, receivables, marketable securities, inventories, and long-lived assets. Current liabilities.
