 Hey guys this is NJ the students act tree and what we're going to be doing is we're going to be making a whole bunch of lectures for subject CT2 which focuses more on the financial theory and business side of actual science. Now these lectures are going to be audio only so there isn't going to be any visual slides you know to accompany those and this is just going to maybe help the videos get produced quicker and also because it is a lot of theory it's not necessary for us to have a lot of visual cues. So with that being said I guess you can use these lectures you can listen to them right before you go to bed or you can listen to them while you drive to university or drive to work or yeah you can just listen to them while you do something else or you can you know make notes while you listen. How it's going to work is that I'm not going to do a lecture on each chapter instead we're going to do a lecture on each topic in each chapter this is just that we can cover more ground the lectures on too long and you can focus more in on areas that you you need more help with I mean if you're very comfortable with a topic you don't necessarily have to waste time listening to that lecture you can rather use that time you know focusing on other areas where you are struggling so yeah we're gonna have one topic oh sorry one lecture one video on each topic so for instance this is going to be called CT 2.1.0 because it's chapter 1 the very introduction aspect of it and then the next video will be called CT 2.1.1 but yeah I mean just in this video what I want to talk about is just the course in general I found it quite easy it did come quite naturally to me so hopefully you guys are going to get some benefit from me just talking through the material some of the some of the chapters are going to be the key principles of finance company ownership taxation financial instruments use of derivatives issues of shares introduction to accounts the main accounts depreciation and reserves generating accounts group accounts and insurance company accounts interpretation of these accounts with security of loan capital or sharehold analysis the limitations of accounts capital structure and dividend policy weighted average cost of capital and capital project appraisal so it's just a very quick rundown of the various chapters in this course and Joe we're going to be diving into each chapter and looking at the subtopics around each one also I don't make the videos too long so when it gets to around 10 minutes I might stop and if necessary make it into two parts or if I'm really close to the finish I might just push it up to 15 minutes seeing how it goes some of the objectives of this course I mean it's to demonstrate a knowledge and understanding of the principal terms in the use of investments and asset management you're going to need to be able to demonstrate an awareness of the key principles of finance you're also going to be wanting to describe the structure of a joint stock company and the different methods by which it may be financed you're also going to be looking at describing the basic principles of personal and corporate taxation you also want to demonstrate a knowledge and understanding of the characteristics of the principal forms of financial instruments issued or used by companies and the ways in which they may be issued that's actually quite a lot of interesting stuff so we're going to have fun there also we're going to want to discuss the factors to be considered by a company when deciding on its capital structure and dividend policy we're also going to define what is meant by a company's cost of capital and discuss how its cost of capital interacts with the nature of the investment projects it undertakes and then I think coming up to the last few ones we're also going to describe the basic construction of accounts of different types and the role and principal features of the accounts of the company and we're going to finally interpret the accounts of a company or a group of companies and discuss the limitations of such interpretations and oh no actually we do have one more we're going to show the financial techniques can be used in the assessment of capital investment projects now understand there was quite a lot of information overload we've given a very broad and boring overview of the subject but it is a lot of fun I know it's it's got a lot of accounting in it which is you know more boring than actuarial science but we're going to bring the two together and we're going to show that with this course you're going to become very clued up when it comes to business you're going to understand financial news you're going to be able to make valid opinions about what's happening in the stock market and Joe I think this is a key ingredient in your overall education as it is going to make you understand wealth and how to create it and how it works and all that type of stuff so I guess without further ado let me say goodbye for now and I'm going to start recording four new videos the first one is going to be called budgeting and financing decisions the second one will be business objectives the third will be maximization of shareholders wealth and the fourth will be capital markets and that will those four videos will represent chapter one but show we do have we have 18 chapters so it's going to be long but we're going to go into it I'm going to focus on the juicy stuff on the important stuff and hopefully this is going to help you guys to absolutely ace this exemption will this exam and Joe get you on the right track to be coming in actually I really have all the ct-1 videos on my youtube channel so make sure you check that out I mean you could even do the two subjects at the same time ct-1 and ct-2 it is possible to do them together so yeah it shouldn't be too much of a difficult course I mean ct-8 is going to financial economics love that's that's some tricky stuff but ct-2 it should be comfortable if you work hard you apply your mind you should be fine so yeah thank you for joining me on this journey let's let's go make some more videos and yeah let's get this done see you soon guys cheers