KWANTLEN POLYTECHNIC UNIVERSITY

ACCT 4380 Intermediate Corporate Finance FALL 2016

Section S10: Thursday, 10am to 12:50pm, Surrey, Fir 134
Section R10: Thursday 4pm to 6:50pm, Richmond, Room 2170
Section R50: Thursday 7pm to 9:50pm, Richmond, Room 2170
COURSE OBJECTIVE
In this course students will be applying corporate finance techniques in forecasting, financial
planning, working capital management and making dividend policy decisions. Students will apply
valuation techniques to more advanced business valuations and learn about derivative financial
instruments, mergers and acquisitions. Students will be introduced to international corporate
finance.
INSTRUCTOR
Caren Lombard, M COMM, CA, CPA, CFA
OFFICE
Richmond 2250, Surrey Cedar 2035
OFFICE HOURS
Richmond: 3-4pm, Thursday, by appointment
Surrey: 1-2pm, Thursday, by appointment
EMAIL
Caren.lombard@kpu.ca
(Please include ACCT 4380 and section S10/R10/R50 and NAME in the
subject line)
REQUIRED TEXT

Fundamentals of Corporate Finance. 9th Canadian Edition. Ross,

Westerfield, Jordan and Roberts. Publisher: McGraw-Hill

COURSE
SOFTWARE

We will be using online software for homework assignments. Your textbook

is packaged with Connect Software. If you are using an old book (note that
it will be an 8th edition!) you can purchase Connect online. The course url
for each section is:
S10 Thursday 10am Surrey
http://connect.mheducation.com/class/c-lombard-acct4380-s10-thursday10am
R10 Thursday - 4pm - Richmond:
http://connect.mheducation.com/class/c-lombard-acct4380-r10-richmond4pm
R50 Thursday 7pm Richmond:
http://connect.mheducation.com/class/c-lombard-acct4380-r50-richmond7pm

COURSE WEBSITE
Available through https://courses.kpu.ca
The site has lecture notes, solutions to exercises, assignment information,
due dates and other course announcements. Students are required to
1

check the course website regularly for changes/revisions.

EVALUATION

Assignments
(Connect, In-class Assignments,
LearnSmart, Presentations)
Mid-term examination
Final exam

15%

35%
50%
100%

CLASSROOM POLICIES
USE OF EMAIL

Email is the preferred and primary method of contacting the

instructor. Include ACCT 4380, YOUR SECTION, and your name
in the subject line. Other emails may be deleted. As a rule,
responses to emails will be within 48 hours. Generally e-mails will not
be reviewed over weekends.

ATTENDANCE and
PARTICIPATION

In the unfortunate event that a class is missed, it is the students

responsibility to notify the instructor and group members and to catch
up on missed material.
Be on time to all lectures. As this is a professional course, you are
expected to demonstrate a professional work ethic and attitude.
Students are expected to have read material in the assigned
chapter(s) and on the web-site before coming to class. Discussion in
class will be based on this material.
An online LearnSmart assignment is available to assist with
preparation.
Quizzes will cover material covered in previous classes or will be
online Learnsmart quizzes.
Weekly homework assignments are to be completed on
Connect by the dates noted on Connect. No late assignments will
be accepted and there will be no make-ups.
There are no make-up exams. If you miss an exam, you will receive a
grade of zero. Please note the dates so you can schedule your
personal commitments around these dates.
NOTE: Medical excuses must be presented personally to the instructor
and include documentation prepared by a doctor that clearly states
that the student was too ill to function reasonably on the date of the
examination. The University reserves the right to contact the
physicians office, not to discuss confidential specifics, but to verify
that the note is legitimate. In this situation, contact the instructor as
soon as possible, so that an alternative can be arranged promptly.
Use of e-texts, laptops and calculators are encouraged for inclass work.
Cell phones should be out of sight and silent during class time.

PRE-READING

QUIZZES
HOMEWORK
ASSIGNMENTS
EXAM

ELECTRONICS

Only calculators (non-programmable) are permitted for quizzes, tests

and exams.
No cell phones, computers, data storage devices, ipods/ipads,
electronic translators, translation dictionaries, programmable
calculators or similar electronic devices are permitted in exams. It
is recommended that you bring a simple watch to exams as these
other devices are not permitted for time keeping or any other
purpose. Incidents involving the use of these devices during
exams will be handled similarly to incidents of cheating and
plagiarism. See the policy at www.kwantlen.ca/policies.
Cell phones must be turned off and placed in your bag at
the front of the classroom throughout the exam.
Only approved examination papers, writing utensils and a financial
calculator (non-programmable) are permitted during examinations.
Personal belongings (bags, jackets..etc.) must be left at the front of
the class during exams.
Final exams become the property of the instructor.

EXAM POLICIES

KWANTLEN
UNIVERSITY
CHEATING /
PLAGIARISM POLICY

SUBJECT TO CHANGE

Cheating is defined as any dishonest or deceptive conduct or

attempted conduct by which individuals or groups of individuals use
or attempt to use unauthorized aids, assistance, materials and
methods to represent their academic work, training and standards as
other than they are.
Plagiarism is defined as an act in which an individual submits the
work of another as his or her own.
Kwantlen condemns all forms of cheating and will discipline students
for cheating in the following manner: All offences will be reported to
the Deans office
a) In the event of a first offence, a grade of zero will be awarded
for the assignment, test paper or analysis.
b) In the event of a second offence, a failing grade will be
assigned in the course in which the offence occurred.
c) In the event of a third offence, the student(s) will be expelled
from the University.
d) In the event that a first or second offence is serious enough to
merit stronger disciplinary action, the University may assign a
higher level of disciplinary action outlined above.
This course presentation is by way of announcement only and the
instructor and Kwantlen reserve the right to make additions, deletions
and changes.

EXPECTATIONS AND TIPS FOR STUDENT SUCCESS

Students are expected to take ownership of their learning and success. Be proactive in taking
the steps to set yourself up to succeed in this course and in your career.
1. Note all key assignment and exam dates in your calendar. Schedule regular weekly study
time.
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2. Attend all classes on time.

3. Complete all assigned readings prior to class.
4. Come to class ready to take notes and fully participate in class discussion and group
activities.
5. Finance is a fast paced and changing environment - be aware of what is currently
happening in the world of finance.
6. Complete all assignments by the submission deadline.
7. Review class material, assignments and seek out internet student resources available from
the publisher based on your learning needs.
8. Ask questions either during class or during the instructors office hours.
9. Academic honesty Cheating is not worth it as it will only hurt you in the future.
Visit http://www.kwantlen.ca/services/html to see the student services Kwantlen offers. You will
find links to useful information including tutoring support at the Learning Centers and career,
personal and academic advising through Counseling Services.

For withdrawal dates refer to the Registration Guide Dates and Deadlines page
http://www.kwantlen.ca/registration/dates.html
GRADE
ALLOCATION

Points

Percent %

Grade

Points

Percent %

A+
4.33
90-100
C+
2.33
64-67
A
4.00
85-89
C
2.00
60-63
A3.67
80-84
C-*
1.67
56-59
B+
3.33
76-79
D*
1.00
50-55
B
3.00
72-75
F*
0.00
49 or less
B2.67
68-71
W*
N/A
N/A
*This grade does not permit students to pursue another course for which this graded course is a prerequisite. Note: Failure to
withdraw by the official date will result in a grade of F on your transcript. It is in your best interest to make certain that you have
withdrawn from any class you are not attending.

ACCT 4380: OVERVIEW OF TOPICS

WEE
K

S10,
R10,R5
0
Thursd
ay

8/9

15/9

22/9

29/9

6/10

13/10

20/10

TOPIC

Ratios, Long-term Financial Planning and Forecasting

Chapter 3 and 4
Advanced valuation
Chapter 8 review + Instructor notes on Moodle
Raising Capital and Dividend policy
- Chapters 15, 17
Short term Financial Planning and Management
- Chapters 18,19,20
Midterm preparation and presentations
MIDTERM (35%)
- Chapters 3,4, 15-20 and Valuation Notes
International Corporate Finance
4

27/10

3/11

10

10/11

11

17/11

12

24/11

13

1/12

14

8/12

- Chapter 21
Leasing
- Chapter 22
Mergers and Acquisitions
- Chapter 23
Derivatives and Enterprise Risk Management
- Chapter 24,25
Derivatives and Enterprise Risk Management
- Chapter 24,25
Behavioural Finance
- Chapter 26
Exam Preparation and presentations
Final Exam (50%)
- Chapters 21-26