1 - 7 of 7 results for: ACCT ; Currently searching summer courses. You can expand your search to include all quarters

A characteristic of business is the extensive use of accounting data. The financial accounting course has the general objective of developing students' understanding of the nature, scope, and limitations of accounting information. To achieve this objective the course attempts to: (1) develop students' understanding of the conceptual accounting framework, including the objectives of financial reporting, and (2) develop students' ability to understand and critically evaluate the financial disclosures made by corporations. An issue of particular interest will be the managerial incentive aspects of accounting information and disclosures.

This course is designed to develop students' ability to interpret and use financial accounting information in various investor-oriented decision contexts. The perspective taken is that of an outsider relying on publicly available financial information for performance evaluation and investment purposes, yet the concepts and tools can also be applied by management teams who need to understand whether and how the organization's activities are creating financial value. The first half of the course will cover traditional financial statement analysis-based frameworks for critically analyzing and assessing a firm's financial performance and current economic condition, such as the measurement of accounting rates of return, ratio analysis, analysis of working capital, and the assessment of liquidity, solvency, and bankruptcy risk. The second half of the course will explore specific topics and transactions encountered during an in-depth analysis of a company, including revenue recognition practices, leasing, pensions, deferred taxes, M&A, and stock-based compensation.

This course is offered for students requiring specialized training in an area not covered by existing courses. To register, a student must obtain permission from the faculty member who is willing to supervise the reading.