Financial Markets: A Comprehensive Overview

  • Credits: 20
  • Format: Self-Study eBook
  • Field of Study: Accounting | Finance
  • Author/Speaker: Michael J. Walker, CPA
Course ID: Advanced Preparation: Experience Level:
MW-104.21 None Overview
Published Date: Program Prerequisites: Other Course Formats:
© February 2021 Basic Understanding of Accountancy Self-Study eBook

Financial markets represent the lifeblood of our global economy. These mechanisms promote greater economic efficiency by transferring funds from individuals, businesses, and governments with an excess of available funds to those with a shortage. Funds are transferred in the financial markets through the purchase and sale of financial instruments (such as stocks and bonds). Short-term financial instruments are available in money markets, while longer-term financial instruments are purchased and sold in the world’s capital markets.

Many financial markets have been in existence for hundreds of years; however, the modern era has brought along many new innovations such as securitization and the derivatives market.

Topics include:
  • This course provides an introductory overview of the world’s largest financial markets, including the money, bond, stock, mortgage, foreign currency, and derivatives markets.
  • This course reviews the various types of financial risks that impact these markets, as well as the economic variables that influence market activity (such as interest rates and monetary policy).

Learning Objectives:

After reading the course material, you will be able to:

  • Identify the unique characteristics of financial markets.
  • Recognize the types of financial instruments traded in financial markets.
  • Recognize how economic variables (such as interest rates and monetary policy) and financial risks impact financial market activity.

Who Should Attend:
  • All Certified Public Accountants (CPAs)

Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s: