Cases are used extensively to enhance relevance. The course is aimed at those seeking careers in corporate finance, financial analysis, commercial lending, consulting or other areas where an in-depth understanding of financial statements is essential. 102-D53 Complex Financial Structures and Global Risk Management Financial reporting issues related to complex financial structures and risk management through use of derivative instruments are the focus of this course. Management Controls and Auditing A study of the processes employed by organizations to insure that basic business objectives are met, that assets are safeguarded, that financial statements are reliable, and compliance with laws and regulations is achieved. An examination of frameworks for selecting information relevant to management decision making.
Emphasis is on the impact of information on organizational behavior.
The behavioral implications of alternative decentralized financial control systems and varying budget philosophies are explored. Gaining awareness of the tax considerations in business decisions is the basic objective of this course. Business transactions are analyzed for their tax impact. A study is made of the basic structure of the law and of the methods involved in researching a tax problem. This course complements Finance D47.