| Course ID: | EMBA 7150. 3 hours. |
| Course Title: | Financial Accounting and Reporting |
Course
Description: | This course addresses the concepts that underlie the utilization
of accounting information in the preparation of financial
statements for shareholders and other external users. Topics of
study include accounting approaches (such as cash vs. accrual),
the format and content of financial statements, and
interpretation of corporate annual reports. |
| Oasis Title: | Financial Accounting |
| Duplicate Credit: | Not open to students with credit in EMBA 7150E |
Semester Course
Offered: | Offered spring semester every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | By the end of the course, the students should be able to demonstrate understanding
of the accounting for common transactions affecting the firm's financial
statements; read, understand, and analyze financial statements, including many
related footnote disclosures; and demonstrate a basic understanding of managerial
incentives which affect the estimation process inherent in measuring financial
statement items, the choices among competing accounting and reporting alternatives,
and the regulatory and ethical issues raised by these choices. |
| Topical Outline: | 1. Financial Statements and Transaction Analysis
2. Analyzing and Interpreting Financial Statements
3. Reporting and Analyzing Operating Income
4. Reporting and Analyzing Operating Assets
5. Reporting and Analyzing Intercorporate Investments
6. Reporting and Analyzing Non-owner Financing
7. Reporting and Analyzing Owner Financing
8. Reporting and Analyzing Off-Balance Sheet Financing |
| Honor Code Reference: | Students are expected to adhere strictly to the University Honor
and Academic Honesty Policy, and to follow generally accepted
standards of honesty in all assignments and examinations. |