Financial Statement Analysis (20%)

• • Basic financial statement analysis
  • Common size financial statements
  • Common base year financial statements
  • Financial ratio analysis
  • Liquidity ratios
  • Leverage ratios
  • Activity ratios
  • Profitability ratios
  • Market ratios
  • Profitability analysis
  • Income measurement analysis
  • Revenue analysis
  • Cost of sales analysis
  • Expense analysis
  • Variation analysis
  • Impact of foreign operations
  • Effects of changing prices and inflation
  • Impact of changes in accounting treatment
  • Accounting and economic concepts of value and income
  • Earnings quality

Corporate Finance (20%)

• • Risk and return analysis
  • Calculating return
  • Types of risk
  • Relationship between risk and return
  • Long-term financial management
  • Term structure of interest rates
  • Types of financial instruments
  • Cost of capital
  • Valuation of financial instruments
  • Raising capital
  • Financial markets and regulation
  • Market efficiency
  • Financial institutions
  • Initial and secondary public offerings
  • Dividend policy and share repurchases
  • Lease financing
  • Working capital management
  • Cash management
  • Marketable securities management
  • Accounts receivable management
  • Inventory management
  • Types of short-term credit
  • Short-term credit management
  • Corporate restructuring
  • Mergers and acquisitions
  • Other forms of restructuring
  • International finance
  • Fixed, flexible, and floating exchange rates
  • Managing transaction exposure
  • Financing international trade

Decision Analysis (25%)

• • Cost/volume/profit analysis
  • Breakeven analysis
  • Profit performance and alternative operating levels
  • Analysis of multiple products
  • Marginal analysis
  • Sunk costs, opportunity costs
  • Marginal costs and marginal revenue
  • Special orders and pricing
  • Make vs. buy
  • Sell or process further
  • Add or drop a segment
  • Capacity considerations
  • Pricing
  • Pricing methodologies
  • Target costing
  • Elasticity of demand
  • Product life-cycle considerations
  • Market structure considerations

Risk Management (10%)

• • Enterprise risk
  • Types of risk
  • Risk identification and assessment
  • Risk mitigation strategies
  • Managing risk

Investment Decisions (10%)

• • Capital budgeting process
  • Stages of capital budgeting
  • Incremental cash flows
  • Income tax considerations
  • Evaluating uncertainty
  • Capital investment analysis methods
  • Net present value
  • Internal rate of return
  • Payback period
  • Profitability index
  • Comparison of investment analysis methods

Professional Ethics (15%)

• • Business ethics
  • Corporate Social Responsibility (CSR)
  • Moral philosophies and values
  • Ethical decision making

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