AFM 101 Introduction to Financial Accounting
This course is an introduction to financial accounting. The preparation and use of financial statements is examined. The accounting cycle, assets and liabilities reporting, is discussed.
AFM 102 Introduction to Managerial Accounting
This course is an introduction to the preparation and use of accounting information for management decision-making and reporting. Cost behaviour, cost accumulation systems and short and long-term decision models are discussed.
AFM 123 Accounting Information for Managers
This course is designed for non-accountants who will use accounting information for planning, control and decision making.
AFM 131 Introduction to Business in North America
The functional areas of business: finance, personnel administration, production, marketing, and accounting are examined within differing organizational structures. Coverage also includes study of the principles of effective management and the financial system as a source of corporate capital.
AFM 201 Introduction to Professional Practice
This course discusses auditing and taxation concepts as they relate to professional accounting and management.
AFM 231 Business Law
Particular attention is given to the law relating to contracts and business organizations. Other areas of study include sources of law, the judicial process, real and personal property, torts, agency, credit, and negotiable instruments.
AFM 241 Introduction to Business Information Technology
This course considers various aspects of information from a business and problem-solving perspective. It is intended to provide a basic foundation for understanding the potential benefits and problems in utilizing information technology to improve business performance, and an appreciation for a wide range of technology choices available, rather than a detailed understanding of any particular hardware or software technology.
AFM 271 Managerial Finance 1
This is the first of a three course sequence. Topics covered in the sequence include capital budgeting, asset pricing, market efficiency, capital structure, dividend policy, short-term finance, and risk management.
AFM 272 Mathematical Managerial Finance 1
Time Value of Money and Capital Budgeting. Portfolio Theory, CAPM and APT. Cash and Credit Management.
AFM 291 Intermediate Financial Accounting 1
A first course in intermediate accounting dealing with the theory and practice of financial statement preparation and reporting. The emphasis will be on asset valuation and the related impact on income measurement.
AFM 331 Business Strategy
This course focuses on strategic management of the total enterprise. Managers contribute to the organization through their analytical and leadership capabilities as well as their technical expertise. The course provides a framework for developing and implementing strategy that fits the firm's environment, managerial values and organization.
AFM 332 Accounting, Assurance and the Law
This course examines the inter-relationship between legal and accounting environments. Students will be introduced to concepts of corporate governance and malfeasance and will examine a range of issues including the relationship between accounting and internal control, the roles of internal and external audits, and the regulatory environment of business including the obligations of boards, officers, managers and shareholders.
AFM 333 International Business
This course examines the opportunities, risks, and challenges faced by businesses in international markets, as well as the preparation required to operate them.
AFM 341 Accounting Information Systems
Examines the planning, requirements analysis, acquisition, and evaluation of information systems, with an emphasis on accounting information systems. Introduces information systems assurance concepts, and considers the role of information technology in the improvement of business performance.
AFM 361 Taxation 1
A continuation of AFM 201 with application emphasis on business income, capital gains and calculation of corporate tax fact and problem situations.
AFM 371 Managerial Finance 2
This course is a continuation of AFM 271. Topics to be explored are covered under the listing for AFM 271.
AFM 372 Mathematical Managerial Finance 2
Efficient Capital Markets and Capital Structure. Dividend Policy and Corporate Debt Instruments. Mergers and Acquisitions. Introduction to International Corporate Finance.
AFM 391 Intermediate Financial Accounting 2
This is an intermediate financial accounting course that deals with problems related to the measurement of liabilities, measurement of income, and the reporting and measuring of corporate equities.
AFM 401 Accounting Theory
A review of accounting theory as a background for applying underlying concepts to current accounting problems. Emphasis is on current literature, with a major term paper required.
AFM 415 Special Topics
A course offered from time-to-time on a significant accounting and financial management issue.
AFM 431 Professional Ethics for Financial Managers
The study of ethical and moral issues that arise in professional lives of accountants and financial managers.
AFM 451 Audit Strategy
An examination of elements of audit strategy and their interrelationships, including financial assertions, types and sources of audit assurance, and evidence-gathering procedures, including statistical auditing methods, such as sampling and regression analysis.
AFM 452 Comprehensive/Operational Auditing
Examination of the value for money audit concept in the private and public sectors. This approach goes beyond the scope of the traditional financial audit and looks at all facets of the organization, including human resource management.
AFM 461 Taxation 2
Integration of topics from AFM 201 and AFM 361 with an emphasis on basic planning with the use of corporate reorganizations, partnerships and trusts.
AFM 471 Cases in Corporate Finance
This course builds on the theory of financial management developed in AFM 271/371 by using cases to illustrate a variety of corporate financial decisions.
AFM 472 Investments
This course describes the environment in which individual investors, institutional investors, security analysts, and investment advisors operate. Students will develop knowledge of current techniques used in asset valuation, portfolio management, and financial planning.
AFM 473 Advanced Topics in Corporate Finance
Topics may vary over time but will include items such as capital budgeting with real options, corporate governance, mergers and acquisitions, spinoffs and divestitures, and initial public offerings.
AFM 474 Derivatives and Risk Management
Financial derivatives. Risk management and corporate strategy. The main types of financial risk. Measurement and management of market risk and credit risk.
AFM 475 Fixed Income Securities
Bond and debt markets, swaps, fixed income portfolio management, duration, modified duration, convexity, embedded options, theories of the term structure, government and corporate debt.
AFM 476 Advanced Corporate Finance
This course will cover various topics in advanced Corporate Finance, including real options, inventory models and management, corporate governance, asymmetric information and signalling, agency theory and corporate incentives.
AFM 481 Cost Management Systems
Consideration of more complex topics in management planning and control. Emphasis is on traditional and contemporary cost accumulation systems and their application in modern day organizations. Cases, simulations, projects and presentations are the key instructional methods used to understand and integrate the course material. At the end of the course, students will have a solid understanding of how the correct choice of a costing model adds value to the organization.
AFM 482 Performance Measurement and Organization Control
This course will trace the evolution of the role of performance measurement systems in supporting areas of organization control. Topics will include the role of both financial and nonfinancial performance measures in: the DuPont method of control, the Harvard model of control, internal control, contemporary approaches to governance, and strategic management systems. After completing this course students will be able to evaluate the nature and suitability of a proposed performance measurement system given its design and purpose.
AFM 491 Advanced Financial Accounting
An advanced accounting course considering specific problems of accounting for the corporate entity, such as business combinations, intercorporate investments, consolidated financial statements, accounting for foreign operations and foreign currency transactions, and segment reporting.
AFM 492 Financial Statement Analysis
This course introduces fundamental tools of analysis and valuation that are widely used in a variety of financial careers.
AFM 501 Contemporary Issues in Assurance and Accounting
The objective of this course is to examine assurance in a broad context. The course builds on students' prior knowledge of assurance and examines the role of the assurer and assure judgement in such broader issues as assurance levels, special assurance problems such as controls in governance and other forms of assurance. The course integrates a number of accounting and assurance issues.
AFM 502 Control Systems in a Computer Environment
This is an advanced course that deals with the risks introduced by computer technology and the general and application controls used to reduce such risks to a tolerable level. The course helps students develop insights into the implications of emerging information technologies and helps students build practical skills to review and evaluate controls in computer-based systems.
AFM 503 Issues and Problems in Accounting Practice
This course introduces students to a number of accounting issues, principles, practices and problems that they are likely to encounter in professional accounting practice.
AFM 504 Issues and Problems in External Reporting
This is a capstone course designed to utilize students' understanding of financial accounting, cost and managerial accounting, finance, auditing, tax and accounting theory to interpret the current developments taking place in external reporting regulations in Canada.