Semester 1
B115016 Financial Accounting
B115017 Corporate Finance
B115018 Management Accounting

Semester 2
B115019 Investment Analysis
B115409 Personal Financial Planning (New subject!)
B115410 Law and Taxation (New subject!)

Subject Synopses
Financial Accounting
Provides an understanding of key accounting principles, and skills to prepare and interpret financial statements. The topics include fundamental accounting concepts, structure of financial statements, group accounts and analysis of financial statements.

Corporate Finance
Provides an understanding of the business financial planning process and the use of analytical tools in the context of corporate financial objectives. Topics include capital budgeting, management of working capital, various sources of financing and other financial strategies in the management of funds and other financial resources.

Management Accounting
Teaches the use of accounting information for management planning and control. Topics include cost concepts and behaviour, activity-based management, cost-volume-profit analysis, budgeting, responsibility accounting and evaluation of divisional performance.

Investment Analysis
This subject covers the whole range of common investment instruments such as stocks and bonds, as well as derivatives like options, warrants and convertibles. Participants are introduced to the Economic-Industry-Company framework as an investment decision-making process and the various capital market theories required as the basis for the formulation of an optimal investment portfolio.

Personal Financial Planning (New subject!)
This subject is gaining increasing prominence. Wealth management has been identified as a sunrise area in the financial services industry. The subject covers key aspects of financial planning, encompassing cash and credit management, insurance planning, investment planning and retirement planning. Latest developments in the financial planning industry will be discussed. This subject provides preparation to participants who wish to sit for the Associate Financial Planners (AFP) Program.

Law and Taxation (New subject!)
Law and taxation affect every enterprise. The subject will provide participants with useful and practical knowledge on contract law, company law and income tax law. Latest developments such as the Enron and WorldCom debacles will be discussed. Topics include how a contract is formed and discharged, key characteristics of a company, duties of directors, taxability of receipts, deductibility of expenses, loss relief and personal reliefs.

Modes Of Assessment
Assignments, tests and exams.