1. Management accounting
1.1. Internal Decision Making
2. Financial Accounting
2.1. External use
2.2. Income Statement
2.3. Statement of Financial Position
2.4. Cash Flow Statement
3. Financial Management
3.1. How funds for a business are raised and invested
3.2. managing working capital, appraising long-term investment projects, deciding on appropriate types of finance for such projects, determining corporate payout policy and, finally, managing risk
4. Qualities of the accounting information (6)
4.1. Relevance
4.1.1. The information should be material or significance
4.2. Faithful Representation
4.2.1. Complete
4.2.2. Neutral
4.2.3. Free of error
4.3. Comparability
4.4. Verifiability
4.5. Timeliness
4.6. Understandability
5. Accounting Information System
5.1. Information Identification
5.2. Information Recording
5.3. Information Analysis
5.4. Information Reporting
6. Areas of Difference between Financial and Management Accounting
6.1. Nature of the Reports
6.2. Level of details
6.3. Regulations
6.4. Reporting Interval
6.5. Time Orientation
6.6. Range and Quality of information
7. Financial objectives
7.1. Shareholders Wealth Maximization
7.1.1. Total shareholder Return Formula
7.2. Profit maximization
7.3. Revenue Maximization : Could be a bad incentive.
7.4. Grow
7.5. KEY PERFORMANCE INDICATORS
7.5.1. ROCE: Return on Capital Employed
7.5.1.1. How efficiently the capital is used to generate profits
7.5.2. Operating Margin
7.5.2.1. How much operational profit is generated by sales revenue.
7.5.3. Assets Turnover
7.5.3.1. How efficiently the assets are used to generate sales revenue
7.5.4. ROE: Return on Equity
7.5.4.1. The profits that company has generated to its shareholders using their capital
7.5.5. ROA: Return on Assets
7.5.5.1. The profits that the company has generated fromt the profit deployed to earn these profits.
7.5.6. EPS: Earnings per Shares
7.5.6.1. The amount of the profit attributable to each ordinary share
7.5.7. DPS: Dividens per Shares
7.5.7.1. The amount of the dividend paid for each ordinary share held
8. Non Profif Organizations
8.1. Value for Money
8.1.1. Effectiveness
8.1.2. Efficiency
8.1.3. Economy
9. PROFIT VS. CASH
10. Economic Environment
10.1. Fiscal Policies
10.2. Monetary and Interest Rates Policies
10.2.1. Expansionary
10.2.2. Contractionary
10.3. Exchange Rates Policies
10.3.1. Floating
10.3.2. Fixed
10.4. External Trade Policies
10.5. Economic Policies
10.6. Competition Policies
10.7. Government Assistant Policies
10.8. Green Policies
10.9. Corporate Governance Regulation
11. Financial Markets
11.1. Types
11.1.1. Primary
11.1.2. Secundary
11.1.3. Alternative Investment Market
11.2. Capital Markets
11.2.1. Stock Markets
11.2.1.1. Shares
11.2.1.1.1. Ordinary
11.2.1.1.2. Preferences
11.2.2. Bond Markets
11.2.2.1. Loan Securities
11.2.2.1.1. Eurobonds
11.2.2.1.2. Foreing Bonds
11.2.2.1.3. Mapple Bonds
11.2.2.1.4. Samurai Bonds
11.2.2.1.5. Yankee Bonds
11.2.2.2. Secured
11.2.2.3. Unsecured
11.2.2.4. Convertible Bonds
11.2.3. Money Markets (Eurocurrency Markets)
11.2.3.1. Negotiable Certificates of Deposits
11.2.3.1.1. Money Market Deposits
11.2.3.1.2. Deposit Accounts
11.2.3.1.3. Treasure Bills - T Bills
11.2.3.1.4. Government Bonds
11.2.3.1.5. Certificates of Deposits
11.2.3.1.6. Repurchase Agreement - Repo
11.2.3.1.7. Commercial Paper - CP
11.2.3.1.8. Bankers's Acceptances
11.2.3.1.9. Eurodollar Deposits
11.3. Financial Intermediaries
11.3.1. Aggregation
11.3.2. Maturity Transformation
11.3.3. Risk Reduction
11.3.4. Securitization
11.3.4.1. Pooling and Repacking on homogenous illiquid financial assets into marketable securities
11.3.5. Diversify Portfolios
11.3.6. Gain access to expertise
11.3.7. Protection for their investments
12. Stakeholders
12.1. Board of directors
12.2. Managers
12.3. Employees
12.4. Shareholders
12.5. Costumers
12.6. Suppliers
12.7. Lenders
12.8. Government
12.9. Local community
13. Principal - Agencies relationship
13.1. Shareholders - Principals
13.2. Directors - Agents
13.2.1. Audit committee
13.2.2. Nomination committee
13.2.3. Remuneration committee
14. Mendelow's Matrix
15. External Auditor
15.1. Audit Opinion
15.1.1. Unqualified
15.1.2. Qualified: Disagreement
15.1.3. Qualified: Limited Scope.
15.1.4. Qualified: Adverse
15.1.5. Qualified: Disclaimer.