AD029 is the continuation to Accounting Principles I (AD003) and II (AD009). This course focuses on the interaction of finance, economics and accounting as financial managers need to understand the relationship between these fields. Economics provides the broad picture of the economic environment in which corporations must continually make decisions. A financial manager must understand the interrelationships between the various sectors of the economy. Economic variables, such as gross domestic product, industrial production, disposable income unemployment, inflation, interest rates, and taxes, must fit into the financial manager's decision model and be applied correctly. All these terms will be presented, discussed, and integrated into the financial process. At the end of this academic term, students will have completed part of their basic accounting training. They will be instructed and assisted in: a) Understanding the role and importance of financial management in the business environment. b) Through the analysis of financial statements, determining the best financial policies to adopt to obtain the best economic results for the company. c) Learning to use the tools already learned in previous courses together with the ones now presented to implement them in the decision process. d) Learning the different techniques to manage the company's working capital and current assets. e) Learning to choose which kind of financing would be more profitable for the business. f) Studying how a company's dividend policy can affect their performance in the market. g) Learning why companies merge. h) Understanding the basic principles of international financial management.