Introduction to finance, with a review of accounting
course taught at Sup de Co Clermont between 2005 and 2009 

Teacher: André Cabannes
Syllabus
Review of accounting 
1a 

introduction, doubleentry accounting 
1b 

rules of accounting 
2a 

recording transactions, trial balance, adjustments (detailed exercise) 
2b 

income statement and balance sheet 
3a 

review of accounting 
3b 

ratios of performance 
4a 

cash flow statement 
4b 

NYSE and Nasdaq 
5a 

cost accounting 
5b 

cost models and unit costs 

Introduction to finance

6a 

investments 
6b 

random variables, expectation, wheel of chance 
7a 

distribution of probabilities, variance & standard deviation, simulations 
7b 

randomness of a security, riskreturn graph, systematic risk and specific risk 
8a 

present value, opportunity cost of capital (modern financial theory: recap of list of steps) 
8b 

opportunity cost of capital and internal rate of return 
9 

discounted cash flow analysis 
10a 

portfolios of securities 
10b 

introduction to CAPM 
11a 

new bonds 
11b 

old bonds 
12 

banks and money 
13 

student's presentations, Dale Carnegie's advice 


