Corporate Finance and Financial Accounting
- Course Code:
- Unit value:
- Year of study:
- Year 2
- Taught in:
- Term 2
Objectives and learning outcomes of the course
At the end of this course students should be able to:
- Understand the roles of risk and return in corporate finance and the distinction between risk and uncertainty;
- Measure and value capital, including fixed capital (gross and net), working capital and intangibles;
- Understand the cost of debt and equity capital and the advantages and disadvantages of different types of capital finance;
- Understand portfolio theory;
- Carry out investment appraisal using different techniques and will be aware of the advantages and disadvantages of different methods;
- Demonstrate a working knowledge of consolidation of accounts and international investment;
- Demonstrate knowledge of risk management techniques and disclosure requirements;
- Understand the rationale for mergers and acquisitions and knowledge of the empirical evidence;
- Demonstrate knowledge of the regulation of the financial system;
Method of assessment
This course is assessed by 30% written coursework and 70% by one two hour examination
- Watson, D. and Head, A. (2009) Corporate Finance Principles and Practice, Pearson.
- Alexander, D. and Nobes, C. (2010) Financial Accounting: An International Introduction, FT Press.
- Arnold, G. (2009) The Financial Times Guide to Investing, Pearson.
- Brealey, R. and Myers, S. (2010) Principles of Corporate Finance—Global Edition, McGraw-Hill.
- Das, S. (2012) Extreme Money: The Masters of the Universe and the Cult of Risk, Pearson.
- Perks, R. and Leiwy, D. (2010) Accounting: Understanding & Practice, McGraw-Hill.
- Nofsinger, K., Kim, J.R. and Mohr, D.J. (2010) Corporate Governance, International Edition, Pearson.
- Rice, A. (2011) Accounts Demystified: The Astonishingly Simple Guide To Accounting, Pearson.
- Watson, D. and Head, A. (2011) Corporate Finance Passnotes, Pearson.