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Class Notes for Financial Management at Langara College

FMGT 1115 Lecture Notes - Lecture 1: Firstline, Image Resolution, Media Type

Midterm 2 CMPT 165 Specificity of style rules 1)Specificity: Allow us to override inherited rules. Every style rule has a weight on specificity rule power. Higher weight=more , determineswhich CSS rule is applied by the br...

Financial Management
FMGT 1115
M.Mac
FMGT 1116 Lecture Notes - Consignor

Goods amount  inventory quantities are compressed by taking a substantial list of goods on hand and by determining the possession of the goods  goods in transit are included in...

Financial Management
FMGT 1116
B.Galdiks
FMGT 1116 Lecture Notes - Accounts Receivable

Income Statements  a report  states the total amount of revenue earned  the total amount of expense cost  usually written for a specific time period ( month, ...

Financial Management
FMGT 1116
B.Galdiks
FMGT 1116 Lecture Notes - Financial Statement, Accounts Payable, Accounts Receivable

the use of a BALANCE SHEET  reports the financial position of a business at a point in time the balance sheet can be expressed as assets = liabilities + owner’s equi...

Financial Management
FMGT 1116
B.Galdiks
FMGT 1116 Lecture Notes - Title Search

Joint Tenancy Old law (present) – Survivorship and Presumption of Death Act: If Joint Tenants die at exactly the same time, it is deemed that the younger survived the elder New law – Wills and Estates Succession ...

Financial Management
FMGT 1116
E.Hamer
How Vendor is Protected.docx

How Vendor is Protected 1) If the bank decides to go “order of absolute of foreclosure,” it can’t sue for a shortfall 2) Novation: old mortgage has expired – purchaser enters into a new mortgage w/ ban...

Financial Management
FMGT 1116
E.Hamer
FMGT 1116 Lecture Notes - Insider Trading, Audit

Duties of Disclosure Private Companies  Only need to disclose the following to the public: o Incorporation documents (notice of Articles) o Names and home addresses of direc...

Financial Management
FMGT 1116
E.Hamer
FMGT 1116 Lecture Notes - Private Placement, Initial Public Offering

Corporations  Shareholders have limited liability (if company is in debt, you are not personally liable) o Case: Soloman & Sons: corporate veil” Situations w...

Financial Management
FMGT 1116
E.Hamer
FMGT 1116 Lecture Notes - Limited Liability Partnership, Sole Proprietorship, General Partnership

Business Organizations a) Sole Proprietorship b) Partnerships: a. General Partnership b. Limited Partnership c. Limited Liability Partnership c) Cor...

Financial Management
FMGT 1116
E.Hamer
Agreement for Sale.docx

Agreement for Sale  Title only passes to purchaser when all principle and interest is paid in full  Like a rent to own arrangement  In the event of default – no need to foreclose  Just evict an...

Financial Management
FMGT 1116
E.Hamer
Secured Transactions.docx

Secured Transactions a) General Security Agreement (GSA)  filed at the Personal Property Security Registry  gives priority over security ex. equipment, vehicles, furniture, inventory, ...

Financial Management
FMGT 1116
E.Hamer
FMGT 1116 Lecture Notes - Share Capital, Retained Earnings

The Basic Accounting Equitation Assets = Liabilities + Shareholders’ Equity  Statement of financial position / balance sheet o aka balance equation  Comparative statement o...

Financial Management
FMGT 1116
E.Hamer
Safeguards.docx

Safeguards a) Inspection  Must have >20% (can get others to accumulate to 20%) of the issued shares;  May apply to court to have an inspector (auditor investigate the ...

Financial Management
FMGT 1116
E.Hamer
FMGT 1116 Lecture Notes - Fair Market Value

Remedies a) Oppression 1) It’s oppressive to fire a managing director who was always intended to manage the company a. Case: Diligenti v. RWMD Operations Kelowna – Italian Finedining ...

Financial Management
FMGT 1116
E.Hamer
FMGT 1116 Lecture Notes - Remainderman, Life Estate, Fee Simple

Remainderman – gets fee simple after life estate holder dies Created by: 1)Will; or 2)If no will (intestate), Estate Administration act gives property to surviving spouse for life and chil...

Financial Management
FMGT 1116
E.Hamer
Administrative Law - Reference Guides

Administrative law directly influences the life of every American citizen. All local, state and federal agencies operate pursuant to general Administrative law principles. An understanding of all administrative law functio...

Business Admin - Mgt
MGMT 10
All Professors
Organizational Behavior - Reference Guides

The systematic study of individual and group behavior within organizational structures is outlined in this coordinated Guide. Theories of leadership and individual behavior are related to the foundations of group behavior ...

Psychology
PSYC 302
All Professors
Introduction to Business Law - Reference Guides

Business law, sometimes referred to as corporate-commercial law, is a system of governance and regulations in connection with the creation, existence and dissolution of businesses. Today, Canadian businesses are governed b...

BLAW - Business Law
BLAW 464
All Professors
Management - Reference Guides

The complex aspects of Management are made clearer in this Guide. This powerful Guide provides comprehensive assistance to anyone who desires a deeper appreciation of basic Management principles. The fundamentals of organi...

BA - Business Administration
BA 2283
All Professors
Corporations - Reference Guides

Corporations are explained with clarity and precision in this informative Guide! This guide helps to remove some of the confusion that popularly exists concerning the purpose, the extent, and the legal effect of different ...

BA - Business Administration
BA 2283
All Professors

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