ACC 6650Financial Accounting for Mngrs

Catalog

Graduate students only. This three-credit course examines the use of accounting data in facilitating management decisions. Students will be introduced to the fundamental principles of financial accounting with an overview of financial reporting and how to read and interpret the four basic financial statements. Using a measurement, communication, and decision-making framework, this course provides a solid foundation for student learning - focusing on the elements of the accounting cycle. While available in an alternative format, the rules of debits and credits and detailed transactional reporting required by accounting majors are removed without disruption. The course concludes with a detailed section on Financial Statement Analysis in the form of ratios and other vital measurement tools and criteria. Major topics include a comprehensive look at various elements of the income statement and balance sheet. The course concludes with an in-depth financial statement analysis using ratios and other metrics used to assess performance.