-Describe the attributes of the different forms of financing, i.e. debt and equity.?

-Differentiate between common stock and preferred stock?

-List the major goals of financial management?

-Be able to discuss corporate governance, and the roles and responsibilities of the three groups involved?

-Be able to differentiate between a closely held and a publicly held firm?

-List the types of information found in a corporations annual report and differentiate between the other levels of financial statement reporting.?

-Explain what a balance sheet is, the information it provides, and how assets and claims on assets are arranged on a balance sheet.?

-Explain what an income statement is and the information it provides.?

-Identify the purpose of the statement of cash flows, list the factors affecting a firms cash position that are reflected in this statement, and identify the three categories of activities that are separated out in this statement.?

-Differentiate between cash flow profits (net cash flow) and accounting profit.?

-Discuss how certain modifications to the accounting data are needed and used for corporate decision making and stock valuation purposes. In the process, explain the terms: net operating working capital, total operating capital, Investor Supplied Capital, NOPAT, free cash flow, and operating cash flow; and explain how each is calculated and be prepared to calculate each.?

-Be able to discuss how a corporation determines the taxes that it pays.?

-List some of the many different attributes of financial markets, and identify several recent trends taking place in the financial markets.?

-List and describe the two different kinds of stock markets.?

-Describe the attributes of an IPO.?

-Describe three ways in which the transfer of capital takes place.?

-Discuss the various financial and investment intermediaries.?

-Discuss how business income taxes are determined and calculate the taxes owed by a business.?