Course is aimed at study of the fundamentals of financial markets and financial instruments, the features of the formation of modern financial markets, on the practical application of financial instruments, the types of financial institutions and their roles and functions in the financial markets. And further covers areas concerned with financial institutions such as the stock market. The module creates an understanding on responsibilities of agents, brokers, institutions and intermediaries in issues of truncations in financial assets. It highlights the unique products, instruments, systems and laws surrounding the operation of these institutions and markets. With a clear understanding of these markets, then it is going to be fair way to understand and carry out informed decisions as far as investment and financing is concerned.
This course deals with advanced financial
accounting theory with problems in preparation and presentation of financial
statements for corporations; joint ventures; branch accounts ; consignments and
other agency selling; investment in securities (equity); preparation of
consolidated financial statements; (group accounts and business combination);
interpretation and analysis of financial statements. Prerequisite: ACCT 224 Intermediate Accounting
II