10940 (v.3) WASM Resource Sector Finance 601

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Area:	WASM Mineral Economics Teaching Area
Contact Hours:	16.0
Credits:	12.5
Lecture:	4 x 4 Hours Weekly
Financial Markets in difference countries, Sources of Company Finance, Capital Investment Appraisal. To invest or not to invest? Time Value of Money, Discount Rates, Present Values, Risk and Return, Risk Profiles of Assets, Capital Asset Pricing Model (CAPM), Capital Structure (Debt versus Equity). Does gearing level matter? Real Options versus Financial Options, An introduction to Commodity Derivatives. Assets, Liabilities, Revenues, Expenses, Equity, Profit and Loss, Balance Sheet and Cash Flow Statement, Profitability, Efficiency, Liquidity, Capital Structure, Tangible and Intangible Assets (Market to book ratios), Depreciation Policy, Creative Accounting. Are the books 'cooked'? Management Accounting for Projects.