|This course provides an introduction to financial statements and the financial reporting process from a user's perspective. Students learn fundamental accounting concepts and principles, and how the economic transactions of a firm are reported in the financial statements and related disclosures. The objective of the course is to provide students with the skills necessary to read and analyze financial statements and to prepare students for more advanced financial statement analysis courses.
Classes consist of interactive lectures and discussions about financial accounting concepts and practice. Short illustrations involving corporate financial statements will be used to understand accounting concepts and to explore disclosure strategies of firms. Students are expected to complete assigned problems and readings in preparation for each class.
|The text is Dyckman, Magee, and Pfeiffer, Financial Accounting (most recent edition).|
|Based on a mid-term examination, assignments, case discussions, and a final examination. Cannot be taken pass/fail. No auditors.|
Description and/or course criteria last updated: 09/30/2013
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