Taxation Accounting
This course is designed to teach students to recognize major tax issues inherent in business and financial transactions. Federal taxation acquaints the student with the social and economic policy implications of the Tax Code. The course focuses on fundamental tax concepts, the mastery of which
will enable students to incorporate tax factors into business and investment decisions. Taxes motivate people and institutions to engage in certain transactions. The course develops certain income tax principles to maximize an entity or individual’s net present value cash flow resulting from a transaction. The student will become acquainted with the social and economic policy implications of the Tax Code as well as explore the question of what constitutes a “good tax.” Finally, the course will compare and contrast the accounting objectives in the Tax Code with generally accepted accounting principles (GAAP) in financial reporting, especially Accounting for Income Taxes. If the student learns the fundamental concepts of federal taxation, he or she will have a permanent frame of reference into which one can integrate the constant changes in the technical minutiae of the law. The key element of the law – the statutory and judicial bedrock – do not change with each new revenue act. If you master these key elements, you will be truly prepared for a lifetime of learning. upon the completion of the course students are able to: • Analysis: You will review financial transactions to determine tax impact. You will prepare tax provisions to determine the tax treatment of financial transactions. You will analyze tax proposals to assess their impact on economic and social goals.
- Technical Proficiency: You will prepare corporate tax provisions incorporating tax law provisions as well as prepare individual tax returns.
- Communication: You will prepare written analysis of tax situations and issues and will discuss issues.
- Research: You will research in IRS Publications resolution of specific tax issues. You will analyze case studies to identify tax issues.
- Financial Models: You will prepare tax provisions utilizing Excel spreadsheet templates.
- Professional Responsibilities: You will analyze case studies and answer discussion questions on professional responsibilities related to tax practice.
Strategic Management
The course emphasizes the value and process of strategic management. In addition to familiarizing students with new subject matter, students are expected to integrate and apply their prior learning to strategic decision making in organisations. The Strategic Management course is designed to explore an organisation’s vision, mission, examine principles, techniques and models of organisational and environmental analysis, discuss the theory and practice of strategy formulation and implementation such as corporate governance and business ethics for the development of effective strategic leadership. The course is designed specifically not only to introduce students with key strategy concepts but also aims to help students to integrate and apply their prior learning to various business situations. The course aims to support MSc. programme objectives with solid grounding in ethics, globalization and cross-functional issues. On completion of this course, students will be able to:
- Understand the strategic decisions that organisations make and have an ability to engage in strategic planning.
- Explain the basic concepts, principles and practices associated with strategy formulation and implementation.
- Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy from holistic and multi-functional perspectives.
- Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective.
- Conduct and present a credible business analysis in a team setting.
- Understand the crucially important role that the HRM function plays in the setting and implementation of an organisation’s strategy
International Finance
This course deals with the analysis of three important and related macroeconomics issues in open economies: exchange rates, capital flows and financial crises. The objectives of the course are two-fold: to introduce and critically evaluate the main relevant economic theories, models and empirical works in these three key areas of International Finance; and to apply these analytical tools to build an understanding of relevant economic developments and policy issues in the global markets. The basic tenets of international finance are presented through a core textbook, assigned readings and online lectures. This course focuses on international financial management and international trade. Topics in financial management, viewed primarily from the perspective of managers doing business overseas, include the management of foreign exchange exposure, foreign direct investment decisions, and multinational capital budgeting. Other topics covered include trends in international banking, the balance of payments, the determination of exchange rates, the LDC debt crisis, and the Asian meltdown. We will also examine the
challenges and problems faced by firms planning on doing business in Western Europe, Eastern Europe, the Far East, Mexico, Canada, South America, Africa, India, and other regions during the next decade. This course deals with the analysis of selected macroeconomic issues in open economies.
On successful completion of this course, students will be able to:
- Explain the organisation and institutional details of foreign exchange and international money markets.
- Explain and apply orthodox theories of exchange rates and open economy macroeconomics, up to and including the Dornbusch overshooting model.
- Explain and to give examples of modern central bank practice of monetary and exchange rate policy implementation
- Explain and apply insights provided by behavioral economics into expectations formation and decision making on the foreign exchange market.
- Analyse the causes of historical exchange rate movements, and some of the contributory factors to a variety of financial crises, with reference to the models covered.
- Apply the theories and models covered to the issue of optimal currency areas, with specific reference to the design and operation of the euro.
Investment Banking
This course is the study of investment banking beginning with strategic planning and financial management; moving to the analysis, financing and valuation of investment opportunities; and finishing with the study of corporate governance and ethical issues faced by investment bankers. This course examines the primary functions of investment banking such as mergers & acquisitions (M&A), leveraged buyouts (LBO) and corporate restructuring.
These topics will be explored from the perspective of the corporation’s survival and desire for continued prosperity and expansion. Corporate restructuring and internally redeploying resources to activities within the business with more attractive growth potential is an internal method to attain growth. The application of the investment banking activities through external mergers & acquisitions and leveraged buyouts is often a quicker more powerful way to expand and grow the corporation. The examination of these internal and external activities is the focus of this course. This course is the study of investment banking beginning with strategic planning and financial management; moving to the analysis, financing and valuation of investment opportunities; and finishing with the study of corporate governance and ethical issues faced by investment bankers. This course examines the primary functions of investment banking such as mergers & acquisitions (M&A), leveraged buyouts (LBO) and corporate restructuring.
These topics will be explored from the perspective of the corporation’s survival and desire for continued prosperity and expansion. Corporate restructuring and internally redeploying resources to activities within the business with more attractive growth potential is an internal method to attain growth. The application of the investment banking activities through external mergers & acquisitions and leveraged buyouts is often a quicker more powerful way to expand and grow the corporation. The examination of these internal and external activities is the focus of this course. This course is the study of investment banking beginning with strategic planning and financial management; moving to the analysis, financing and valuation of investment opportunities; and finishing with the study of corporate governance and ethical issues faced by investment bankers. This course examines the primary functions of investment banking such as mergers & acquisitions (M&A), leveraged buyouts (LBO) and corporate restructuring.
These topics will be explored from the perspective of the corporation’s survival and desire for continued prosperity and expansion. Corporate restructuring and internally redeploying resources to activities within the business with more attractive growth potential is an internal method to attain growth. The application of the investment banking activities through external mergers & acquisitions and leveraged buyouts is often a quicker more powerful way to expand and grow the corporation. The examination of these internal and external activities is the focus of this course.
Computer Application In Finance
To introduce students to a variety of topics under the main head of computer applications in finance, topics include:
- Application of financial theories
- Identifying arbitrage opportunities
- Portfolio formation
- Managing risk by hedging and portfolio management
- Application of technical analysis in financial markets
- Evaluate the effectiveness of the technical analysis
- Utilize popular professional database to enhance financial analysis. EXPECTED LEARNING OUTCOME
- Outline the use of different financial analysis tools
- Outline the use of popular professional database to enhance financial analysis
- Describe financial models in real life situations
- Calculate financial benchmark numbers to facilitate financial decision making
- Analyse different types of real time market scenarios
- Interpret financial information for strategy formulation
Use the major features of spreadsheet applicable to deal with financial analyses. Apply commonly used computer software and data systems to finance. Examples of the computer software used are Excel, Expo, Minitab, SAS, and Word. Financial information is obtained from web sites or financial databases such as Compustat and CRSP. Some of the finance problems studied are creating cash budgets and loan amortization tables, estimating beta and forecasting financial needs. Students demonstrate computer proficiency through projects, exams and team presentations.
Capital Markets
The course has a great importance for the students in Financial and Banking department in which it consider a base for more advanced courses and enable students to better understand the financial markets and their types and provide more understanding about the differences between different types of financial markets and the benefits each type of markets could provide for their participants.
This course will emphasis on exploring different subjects related to capital markets, and the different types of markets available for different investors that facilitate the process of exchanging and trading various kinds of financial assets’, and the different players in financial markets.
The course is framed in a way that enables students to become successful financial candidates in banking sector in future.
The basic aim behind teaching this course in Finance Department is to direct students toward a critical and out- of- box thinking through understanding and best distinguishing between different types of financial markets and earning a wide range of information about capital markets specifically. by the end of this course, students should be able to:
- Understand the term of Capital Markets.
- Distinguishing between different types of capital markets available in economy.
- Recognize between different types of stocks and bonds traded in capital markets.
Financial Statements Analysis
This course describes the analysis of financial statements and company valuation. Financial statement analysis is the application of analytical tools, technology and techniques to general-purpose financial statements and related data to derive estimates and inferences useful in business analysis. Financial statement analysis comprise of accounting analysis, financial analysis and valuation. Upon successful completion of this course, you should be able to:
- Use S&P Capital IQ database for financial statement analysis purpose
- Identify and apply the tools of financial statement analysis, including appropriate technology
- Integrate and apply finance and accounting concepts for valuation analysis, including appropriate technology
- Evaluate the impact of financial reporting choices on the quality of accounting information including reported earnings
- Apply a set of diagnostics to assess the quality of the accounting in financial statements
- Work effectively in a team environment
Intermediate Accounting II
Welcome to the both courses of Intermediate Accounting (I & II). These modules are main units for second year’s students because they require to understand clearly applicable and basic methods and models about accounting practices.
The lecturer will attempt to advance your expertise as far as possible. Also, the module seminars will arrange based on the students skills and will take into account their English language levels.
- Nowadays, accounting plays a significant role and it is the dynamic position of global economy. This take place because it is defined as the language of business. The current Generally Accepted Accounting Principles (GAAP) and the Conceptual Framework for Financial Reporting (CFFR) are needed to develop and build students accounting skills. Therefore, the materials of this module will constructed on modern and professional sources of accounting concepts.
- You can use calculator but your phone should be turned off. At the end of this course students are able to: ❋ Understand the conceptual framework for financial reporting.
- Give details about the reasons for preparing adjusting entries.
- Explain how to prepare financial statements and its purposes.
- Recognize the types of intangible assets.
- Outline and classify the different types of receivables.
- Identify accounting problems linked to bank reconciliation.
- Distinguish among perpetual and periodic inventory systems.
- Describe the accounting issues associated with fixed assets.
Elucidate clearly accounting for equity.