The Financial Markets are Dynamic Business is“Proactive But Regulators are \Reactive\ not “Proactive The System of Regulation and Enforcement can never be completely Flexible and Dynamic Importance of Fiduciary Responsibility

Business Analysis Evaluate Prospects Evaluate Risks Business Decision Makers Equity investors Creditors Managers Merger and Acquisition Analysts External Auditors Directors Regulators

What is managerial accounting? Comparison between managerial accounting and financial accounting Cost classifications in different ways Flow of manufacturing activities Job order cost accounting systems and process cost accounting systems

Lesson 2: Economic Transactions and Accounting Equation Learning objectives This lesson begins with a discussion of the purpose of a business, including a discussion of forms of organizations. Next, the nature of business operations is discussed. The four types of businesses are discussed: service, merchandising, manufacturing, and financial services. It also

Lesson Notes Lesson 4 Adjusting Accounts for Financial Statement Learning objectives 1. Describe the purpose of adjusting accounts at the end of the period 2. Prepare and explain adjusting entries for prepaid expenses, amortization, unearned revenues, accrued expenses, and accrued revenues

Lesson notes Lesson 3: Analyzing and Recording Accounting Transactions Learning objectives 1. Provide the students with a background of the accounting process to better understand the numbers on the financial statements 2. Define the economic transactions and events that are included into our accounting considerations

University Lesson Notes Lesson 13 Managerial Accounting: Concepts and Principles Learning objectives 1. Describe the definition of managerial accounting. 2. Identify and explain the difference between managerial accounting and financial accounting. 3. Analyze different ways to classify costs 4. Describe the flow of manufacturing activities

金融工具(Financial instrument)可以分为原生 金融工具和衍生金融工具,原生金融工具的价格 和收益直接取决于发行者的经营业绩。衍生工具 (Derivative instrument)其价值是原生金融工 具的价值派生出来,是或有要求权(Contingent claim)。 任何金融工具都是标准化的资本证券,标准化的 目的是增强流动性。一般要把期限、交易条款、 交易金额标准化,只剩下交易价格需要由市场决 定,从而买卖双方之间只要讨论价格,这样就减 少交易成本

4-1: The Demand for Money 4-2: The Determination of the Interest Rate: I 4-3: The Determination of the InterestRate:Ⅱ

In late 1990, executives, engineers, and financial advisors working for Amoco Corporation and Apache Corporation began serious discussions about the sale to Apache of MW Petroleum Corporation, a wholly-owned subsidiary of Amoco Production Company. Amoco had transferred to MW certain of its own assets that it regarded as non-strategic. MW,s size, location, and operations were all very attractive to Apache, which had grown nearly 30% per year since the mid-1980s