Financial Accounting

Course Description
The course introduces students to the concept of historical return and risk on investment, capital market efficiency, short-term financial management techniques and computations of expected return. The course discusses issues such as capital market history, methods of estimating expected risks and returns of single and portfolio investments, determination of cost of capital, the capital assets pricing model, financial leverage and capital structure policy. The course exposes students to how firms raise long-term capital, short-term financial planning, and working capital management techniques and issues on dividend policy.