Course Overview
The purpose of this course is to provide the student with a thorough understanding of the role corporate finance plays in business. Corporate finance primarily deals with how companies manage their money on a daily basis, how companies make long term investment decisions and how companies decide to finance their operations. All decisions are made consistent with managing risk and maximizing their owners’ wealth. This course qualifies as a prerequisite for entrance into the Chartered Professional Accountants (CPA) Professional Education Program (PEP).
Prerequisite(s)
Credits
4.0
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
Learning Outcomes
Upon successful completion, the student will be able to:
- Define and discuss the goals and objectives of financial management.
- Compare and contrast corporate ownership forms, macro-economic risks, and primary and secondary financial markets.
- Outline the concepts of risk and return, portfolio diversification, market efficiency, financial and operating leverage.
- Carry out financial analysis using: free cash flows, horizontal/vertical analysis, ratios, scenario/sensitivity/simulation, payback, IRR, and net present value calculations.
- Assess the role of working capital management and its constituent components.
- Evaluate credit policy decisions and short-term financing sources.
- Differentiate between short and long term financial planning.
- Construct cash budgets and pro forma financial statements.
- Assess a company’s medium and long term financing sources.
- Differentiate derivative financial instruments and their use in hedging risk.
- Compare the major elements of a firm’s capital structure decisions and distribution policies.
- Analyze a company’s cost of capital.
- Assess corporate long-term investment decisions.
- Evaluate the purpose and basic approaches to valuation.
- Compare and contrast the types and rationale for corporate finance transactions.
Effective as of Spring/Summer 2015
Related Programs
Corporate Finance Principles (ACCG 6510) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Professional Accounting
Advanced Diploma Full-time/Part-time
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.