Authorised by Academic Registrar, April 1996
Objectives Building on knowledge gained in the introductory accounting subject, students will develop skills and encounter strategies to maintain or increase the wealth of an entity and its owners. Students will explore the links between the investment decision, the return to owners decision, and the finance decision, together with the overall link to the stakeholders' wealth.
Synopsis The following issues are covered in this subject, goals and functions of financial policy, coporate risk, uncertainty, capital structure policies, required rates of return, evaluation of investments and dividend policy, financing, debt and equity, overseas and small business financing, statement analysis and prediction of corporate failure.
Assessment Assignments: 30% + Examination: 70%