FIN401 - Finance I

Outline information
Semester
Schools offering this subject
Last revision date 2024-01-29 00:05:17.65
Last review date 2024-02-05 00:15:03.267

Subject Title
Finance I

Subject Description
This one semester subject introduces the accounting student to the fundamental concepts and analytical methods used by corporate financial managers. The subject will progress from an examination of the goals and objectives of financial management to a thorough understanding of financial planning, working capital management and the capital budgeting process.

Credit Status
One Credit

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Discuss the goals and functions of financial management.

2. Time Value of money.

3. Determine the value of financial assets such as bonds,preferred stock and common shares using present value techniques and evaluate their use in the financing of the firm.

4. Evaluate the use of long-term debt,preferred and common stock in the financing of a firm.

5. Evaluate the financial performance of a firm using the tools of ratios, trends and common size percentages.

6. Discuss the importance of financial forecasting and demonstrate the use of financial forecasts to estimate future cash flows.

7. Explain the concept of break-even analysis, operating and financial leverage and quantify the effect of leverage on the financial results of a firm.

8. Assess the relationship between current asset management and short-term financing and the impact of risk on these decisions.

9. Apply working capital management techniques to provide effective use of cash, marketable securities, receivables and inventories.

10.Identify the sources of short-term financing and determine of use of such to make effective financing decisions.

11.Explain the function of capital markets in Canada and discuss the role of investment underwriting.

Essential Employability Skills

    •  Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

    •  Respond to written, spoken, or visual messages in a manner that ensures effective communication.

    •  Execute mathematical operations accurately.

    •  Apply a systematic approach to solve problems.

    •  Use a variety of thinking skills to anticipate and solve problems.

    •  Locate, select, organize, and document information using appropriate technology and information systems.

    •  Analyze, evaluate, and apply relevant information from a variety of sources.

    •  Show respect for diverse opinions, values, belief systems, and contributions of others.

    •  Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

    •  Manage the use of time and other resources to complete projects.

    •  Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecapolytechnic.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecapolytechnic.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Camera Use and Recordings - Synchronous (Live) Classes
Synchronous (live) classes may be delivered in person, in a Flexible Learning space, or online through a Seneca web conferencing platform such as MS Teams or Zoom. Flexible Learning spaces are equipped with cameras, microphones, monitors and speakers that capture and stream instructor and student interactions, providing an in-person experience for students choosing to study online.

Students joining a live class online may be required to have a working camera in order to participate, or for certain activities (e.g. group work, assessments), and high-speed broadband access (e.g. Cable, DSL) is highly recommended. In the event students encounter circumstances that impact their ability to join the platform with their camera on, they should reach out to the professor to discuss. Live classes may be recorded and made available to students to support access to course content and promote student learning and success.

By attending live classes, students are consenting to the collection and use of their personal information for the purposes of administering the class and associated coursework. To learn more about Seneca's privacy practices, visit Privacy Notice.