Unit 4 Ch. 17,18,19 & 20

Chapter 17
Understanding Accounting and Financial Information
 After you have read and studied this chapter, you should be able to
  1. Demonstrate the role that accounting and financial information play for a business and for its stakeholders.
  2. Identify the different disciplines within the accounting profession.
  3. List the steps in the accounting cycle, distinguish between accounting and bookkeeping, and explain how computers are used in accounting.
  4. Explain how the major financial statements differ.
  5. Demonstrate the application of ratio analysis in reporting financial information.

Reading  Chapter 17

Chapter 18
 
Financial Management
 After you have read and studied this chapter, you should be able to
  1. Explain the role and responsibilities of financial managers.
  2. Outline the financial planning process, and explain the three key budgets in the financial plan.
  3. Explain why firms need operating funds.
  4. Identify and describe different sources of short-term financing.
  5. Identify and describe different sources of long-term financing.
Reading  Chapter 18
Powerpoint Chapter 18 ppt
Chapter 19
Using Securities Markets for Financing and Investing Opportunities
 After you have read and studied this chapter, you should be able to
  1. Describe the role of securities markets and of investment bankers.
  2. Identify the stock exchanges where securities are traded.
  3. Compare the advantages and disadvantages of equity financing by issuing stock, and detail the differences between common and preferred stock.
  4. Compare the advantages and disadvantages of obtaining debt financing by issuing bonds, and identify the classes and features of bonds.
  5. Explain how to invest in securities markets and set investment objectives such as long-term growth, income, cash, and protection from inflation.
  6. Analyze the opportunities stocks offer as investments.
  7. Analyze the opportunities bonds offer as investments.
  8. Explain the investment opportunities in mutual funds and exchange-traded funds (ETFs).
  9. Describe how indicators like the Dow Jones Industrial Average affect the market.
 
Chapter 20
 
Money, Financial Institutions, and the Federal Reserve
 After you have read and studied this chapter, you should be able to
  1. Explain what money is and what makes money useful.
  2. Describe how the Federal Reserve controls the money supply.
  3. Trace the history of banking and the Federal Reserve System.
  4. Classify the various institutions in the U.S. banking system.
  5. Briefly trace the causes of the banking crisis starting in 2008 and explain how the government protects your funds during such crises.
  6. Describe how technology helps make banking more efficient.
  7. Evaluate the role and importance of international banking, the World Bank, and the International Monetary Fund.
Reading Chapter 20