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ST335: Finance and Financial Reporting

Lecturer(s): Dr Pieralberto Guarniero

Important: This module is only available to students in the Department of Statistics.

Prerequisite(s): None.

Students may not take this module if they have taken or plan to take IB133 Foundations of Accounting.

Commitment: 3 lectures per week. This module runs in Term 1.

Content:

  • Structure of a joint stock company and the different methods by which it may be financed.
  • Basic principles of personal and corporate taxation.
  • Principal forms of financial instruments.
  • Factors to be considered by a company when deciding on its capital structure and dividend policy.
  • Company‚Äôs cost of capital and how its cost of capital interacts with the nature of investment projects.
  • The major forms of financial institution.
  • Role and principal features of the accounts of a company.
  • Construction of simple balance sheets, profit and loss accounts and cash flow statements.
  • Interpretation of financial statements.

Aims: To cover the syllabus for Actuarial CT2.

Objectives: At the end of the course students will:

  • Be familiar with the structure of a joint stock company and how it can be financed.
  • Be familiar with the different types of financial instruments.
  • Be able to construct simple balance sheets, profit and loss accounts and cash flow statements.
  • Be able to interpret financial statements.

Assessment: Two hour examination (80%) and two one-hour class tests (10% and 10%).

Deadline: Class Test 1: week 4 and Class Test 2: week 8.

Feedback: Feedback on class tests will be returned after 2 weeks, following each test.

You may also wish to see:

ST335: Resources for Current Students (restricted access)