ADMS 1010 Lecture Notes - Lecture 6: Corporate Finance, Financial Accounting, Investment Banking

• School: York University
• Department: Administrative Studies
• Course: ADMS 1010
• Professor: Eytan Lasry

Document Summary

Intermediary: person who acts as a link between people to try and bring an agreement or reconciliation. Accounting: balance sheet: statement of financial position at a given time. Financial accounting: looking back (historical) o: cash flow statement: operating, investing, and financial activities o, management accounting: looking forward (predictive), using accounting to make, audit: independent examination of organization"s accounting, tax better decisions. Finance: public finance: role of government in the economy, corporate finance: funding and capital structure of corporations, investment, personal finance: financial management for persons, global financial systems: banking. Claim: what the author is trying to persuade you of. Correlation: two things related to each other. Aims to control for all variables except presumed cause/effect to rule out rival causes. Rival causes (effect: causal claim: x university programs (cause) students have better job offers. Different admission standards (selection bias: causal claim: stronger company vision (cause) leads to better company performance (effect)