Zachary Seguin

AFM Courses

AFM 100 – Introduction to Experiential Learning

The objective of this non-credit course is to expose students to the expectations for experiential learning, helping them develop the skills and relationships needed to allocate their time and maintain balance across their academics, career, health and wellness, and community.

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 121 – Introduction to Global Financial Markets

This course describes the role of finance in the modern global economy and introduces some basic principles of financial decision-making.

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 200 – Continuation of Experiential Learning

The objective of this non-credit course is to continue to expose student to the expectations for experiential learning, and helping them to continue to develop the skills and relationships needed to allocate their time and maintain balance across their academics, career, health and wellness, and community.

AFM 201 – Introduction to Professional Practice

This course discusses auditing and taxation concepts as they relate to professional accounting and management.

AFM 202 – Introduction to Public Practice

This course focuses on the knowledge and skills that enhance experiential learning during a first co-op work term. Topic areas include professional ethics, assurance, taxation, and leveraging technology for assurance and taxation competencies.

AFM 203 – Introduction to Decision Support

This course focuses on the knowledge and skills that enhance experiential learning during a first co-op work term while performing a decision support role within a public or private sector organization. Topic areas include professional ethics, performance analysis, corporate finance, and leveraging technology for performance analysis and corporate finance competencies.

AFM 204 – Introduction to Applied Finance

This course focuses on the basic knowledge and skills required for employment in the finance area during the first co-op work term. The course covers topics such as an overview of the financial services industry, the role of treasury management within organizations, professional ethics, and problem-solving skills that are applicable to financial decisions.

AFM 211 – Connections to Business Context

This course focuses on developing the qualities and transferable skills necessary for integration, continuous learning, and professional development. The course integrates an understanding of business, basic functional competencies, leadership, collaboration, and communication skills to address a range of business decisions.

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 in a two-course sequence that introduces the theory of financial decision-making within firms. Topics include capital budgeting, cost of capital, security issuance, capital structure, payout policy and dividends, short term finance, and risk management, among others.

AFM 272 – Corporate Finance 1

This is the first in a two-course sequence that deals with corporate financial decision-making. Topics may include time value of money, capital budgeting, cost of capital, security issuance, capital structure, payout policy and dividends, short term finance, and risk management. Where suitable, topics are treated from a mathematical and quantitative perspective.

AFM 273 – Managerial Finance 1

This is the first in a two-course sequence that introduces the theory of financial decision-making within firms. Topics include capital budgeting, cost of capital, security issuance, capital structure, payout policy and dividends, short term finance, and risk management, among others.

AFM 274 – Managerial Finance 2

This course is a continuation of AFM 273. Topics to be explored are covered under the listing for AFM 273.

AFM 280 – Introduction to Organizational Behaviour

An introduction to the concepts concerning the behaviour of individuals and groups in organizations. Topics may include motivation, influence, communication, diversity, goal-setting and incentive compensation, culture and ethical systems, and decision-making.

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 311 – Connections to Ethical Context

This course focuses on developing the qualities and transferable skills necessary for integration, continuous learning, and professional development. The course is oriented around the ethical and moral issues faced by accounting and finance professionals.

AFM 321 – Personal Financial Planning

This course covers financial planning for individual investors, with particular emphasis on taxation and other institutional aspects governing decisions such as retirement savings, education savings, and estate planning.

AFM 322 – Derivative Securities

Introduction to valuation and applications of financial derivatives such as options, futures, forwards, and swaps.

AFM 323 – Quantitative Foundations for Finance

This course introduces analytical and statistical methods commonly used in finance, with applications to investment management and corporate finance.

AFM 328 – Investment Management - Junior Analyst

This course provides students hands-on training in equity valuation and enables students to follow one industry sector. As a Junior Analyst, a student will understand why funds management is broken into different sectors, monitor existing equity holdings in a particular sector, make new equity selections in the sector, prepare equity research reports, and present trading recommendations to an investment team in a student-run investment portfolio.

AFM 329 – Investment Management - Senior Analyst

This course provides students hands-on training in equity valuation and enables students to follow more than one industry sector. As a Senior Analyst, a student will monitor existing equity holdings in different sectors, make new equity selections in the sectors, prepare equity research reports, and present trading recommendations to an investment team in a student-run investment portfolio.

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 344 – Introduction to Business Analytics

This course introduces students to business analytics with a focus on problems that accounting and finance professionals face in the real world.

AFM 351 – 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 within a framework of professional judgment.

AFM 352 – 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 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 362 – Taxation 1 - Foundations

This course is an introduction to the foundational concepts in the taxation of individuals and corporations.

AFM 363 – Taxation 2 - Integration

This course builds on the foundational concepts established in AFM 362 by exploring the taxation of individuals and corporations in more depth.

AFM 371 – Managerial Finance 2

This course is a continuation of AFM 273. Topics to be explored are covered under the listing for AFM 273.

AFM 372 – Corporate Finance 2

This course is a continuation of AFM 272/ACTSC 291. Topics to be explored are covered under the listing for AFM 272/ACTSC 291.

AFM 373 – Cases and Applications in Corporate Finance

This course builds on the theory of financial management using cases to illustrate a variety of corporate financial decisions.

AFM 377 – Private Equity and Venture Capital

This course explores the fundamentals of the private equity industry. Topics include raising capital, structuring deals, creating a leveraged buyout model (LBO), and unlocking value through various strategies.

AFM 382 – 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 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 411 – Connections Across Competencies for Accounting Professionals

This course focuses on developing the qualities and transferable skills necessary for integration, continuous learning, and professional development. The course adds the dimension of integration across the functional competencies required by students pursuing a professional accounting designation.

AFM 412 – Connections Across Competencies for Finance Professionals

This course focuses on developing the qualities and transferable skills necessary for integration, continuous learning, and professional development. The course adds the dimension of integration across the functional competencies required by students pursuing a career as a finance professional.

AFM 415 – Special Topics

A course offered from time to time on a significant accounting and financial management issue.

AFM 416 – Special Topics in Finance

A course offered from time to time on a significant finance issue.

AFM 417 – Special Topics in Accounting

A course offered from time to time on a significant accounting issue.

AFM 418 – Special Topics in Finance or Accounting

A course offered from time to time in relation to a significant school-related accounting or finance project or activity.

AFM 422 – Management of Financial Institutions

This course studies the measurement and control of market, credit, and operational risks faced by financial institutions, with particular emphasis on the international regulatory framework.

AFM 423 – Topics in Financial Econometrics

This course introduces the use of advanced econometric/statistical methods in studying financial market data, and in quantitatively assessing risks associated with financial investments. The methods presented in this course are tailored to address specific issues of interest in finance, such as the quantification of the risk-return tradeoff, the modelling of time-varying stock/bond market volatility and, possibly, also the statistical analysis of financial derivatives such as options.

AFM 424 – Equity Investments

This course addresses principles of equity investments, including risk and return relationships, fundamental analysis of equities based on macroeconomic, industry and company-specific factors, financial statement analysis, and technical analysis. Portfolio allocation, performance measurement, and ethical and professional standards in the investment profession are also covered.

AFM 425 – Fixed Income Securities

Introduction to various aspects of fixed income investments, including valuation, risk management, portfolio management, interest rate models, interest rate derivatives, and institutional features of bond markets.

AFM 428 – Investment Management - Junior Portfolio Manager

This course provides students hands-on training in equity valuation and portfolio management. As a Junior Portfolio Manager, a student will make allocations in two sectors, monitor the performance of the existing equity holdings in these two sectors, mentor two analysts, make equity trading decisions for these two sectors, and present portfolio performance reports to the investment team and the Advisory Board.

AFM 429 – Investment Management - Senior Portfolio Manager

This course provides students hands-on training in equity valuation and portfolio management. As a Senior Portfolio Manager, a student will make allocations in different industry sectors, monitor the performance of the existing equity holdings in these sectors, mentor analysts, make equity trading decisions for these sectors, and present portfolio performance reports to the investment team and the Advisory Board.

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 432 – Legal Environment and Corporate Governance

This course will examine legal issues specific to the operation of corporations, addressing topics such as criminal and/or civil legal obligations relating to the regulation of securities, corporate mergers and acquisitions, secured transactions in company financing, and corporate governance matters including internal corporate operations, and directors' and executive officers' legal obligations.

AFM 433 – 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 434 – Governance and Enterprise Risk Management for Global Organizations

This course is an introduction to governance and enterprise risk management challenges faced by global organizations. Topic areas include governance; organization and management systems; and enterprise risk management approaches and techniques.

AFM 442 – E-business: Enterprise Systems

This course examines the role of integrated company-wide information systems in improving organizational performances. The course will focus on the selection, acquisition, and implementation of these systems, including consideration of business process alignment, change management, and development of business cases to support their acquisition. The role of enterprise systems in inter-organizational systems and e-commerce will also be considered. The course will make use of case studies as well as examine selected current enterprise software.

AFM 443 – E-business: Introduction to Electronic Commerce

This course examines key topics in electronic commerce such as the structure of the Internet, basic e-commerce processes and technologies (web site, catalogs, customer attraction, ordering processes, payment processes, and fulfilment processes), control issues (availability, security, integrity and maintainability), business-to-consumer models, business-to-business models, business-to-employee models, e-business strategies, integration of e-commerce activities into other business operations, performance measurement, legal and regulatory issues, and assurance services.

AFM 444 – Intermediate Business Analytics

This course is a continuation of the introductory course with focus on project management and implementation of business analytics initiatives.

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 within a framework of professional judgment.

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 462 – Taxation 3 - Tax Planning Topics

This course focuses on the more specialized topics in introductory taxation, with an emphasis on basic planning for owner-managers and the use of corporate reorganizations, partnerships, and trusts.

AFM 463 – Introduction to U.S. Taxation

U.S. tax is an important topic for accounting and finance professionals since the U.S. is Canada's largest trading partner and many individuals move from one country to the other. This course covers the fundamentals of U.S. corporate and personal tax. U.S. tax issues relevant to both Canadian and American individuals and corporations will be emphasized. Important articles in the Canada/U.S. Tax Convention will also be covered in the course.

AFM 471 – Cases and Applications in Corporate Finance

This course builds on the theory of financial management using cases to illustrate a variety of corporate financial decisions.

AFM 472 – Equity Investments

This course addresses principles of equity investments, including risk and return relationships, fundamental analysis of equities based on macroeconomic, industry and company-specific factors, financial statement analysis, and technical analysis. Portfolio allocation, performance measurement, and ethical and professional standards in the investment profession are also covered.

AFM 473 – Advanced Topics in Corporate Finance

Topics include items such as corporate governance, mergers and acquisitions, spinoffs and divestitures, security issuance, and capital budgeting.

AFM 474 – Derivative Securities

Introduction to valuation and applications of financial derivatives such as options, futures, forwards, and swaps.

AFM 475 – Fixed Income Securities

Introduction to various aspects of fixed income investments, including valuation, risk management, portfolio management, interest rate models, interest rate derivatives, and institutional features of bond markets.

AFM 476 – Advanced Corporate Finance

This course covers various advanced topics in corporate finance, with emphasis on theories of corporate incentives and asymmetric information. Illustrative applications using cases are provided.

AFM 477 – Mergers and Acquisitions

This course develops understanding of the strategic acquisition and divestiture process, particularly as it relates to corporations in Canada. The course focuses on integrating key analytical skills in the interpretation of financial statements and valuation methodologies in the context of mergers and acquisitions of existing firms, as well as spin-offs, restructurings, buyouts and divestitures of existing assets. The course concentrates on value creation and institutional, strategic, ethical, governance, and control issues.

AFM 478 – International Financial Management

This course examines various aspects of corporate decision-making in a global firm, such as cross-border investments and financing, international risk management, multinational working capital management, and the impact of the international regulatory environment.

AFM 479 – Cases and Applications in Finance II

This course builds on the theory of finance and uses cases and applications to further address finance issues and competences, including risk management, equities, derivatives, and other investments.

AFM 480 – Selected Problems and Cases in Managerial Accounting

The course reviews and integrates a variety of topics necessary for those intending to pursue management accounting careers. It provides a comprehensive insight into the problems facing top management accounting executives and includes a number of cases designed to expose students to real world situations requiring qualitative and quantitative analysis.

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 483 – Applications of Analytics to Business

This course explores the metrics, quantitative analyses, and technologies used across a range of applications where an investigation of past business performance provides insights that drive business decisions.

AFM 484 – Advanced Management Control Systems

This course provides an in-depth examination of operations management and related issues in performance evaluation and control for various business sectors (e.g., manufacturing, service, and IT intensive).

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.