This course introduces, discusses, and analyzes financial issues facing diverse organizations in today’s business environment. Included is examination of various financial areas: types of organizations; sources of capital; capital management; financial statement analysis; time value of money; risk management; and asset valuation.
Upon completion of the course, students are expected to be able to do the following:
- Identify the various forms of business entities and the different ways of financing them.
- Analyze the financial reporting requirements of diverse entities.
- Apply the principles of managing current assets and current liabilities.
- Assess the existence of management problems and/or opportunities through analysis of financial statements and making industry comparisons.
- Compute present values and use them in financial decision making.
- Analyze relevant issues present in the larger economic environment.
- Identify the characteristics and impact of ethical behavior by organizations.
- Outline the risk management strategies for organizations.