| Course ID: | EMBA 7150E. 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 the interpretation of corporate annual reports. |
| Oasis Title: | Financial Accounting |
| Duplicate Credit: | Not open to students with credit in EMBA 7150 |
| Nontraditional Format: | This course will be taught 95% or more online. |
| Grading System: | A-F (Traditional) |
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| 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 |