Course Detail
Course Components:
Enrollment Information
Enrollment Requirement:
Prerequisites: 'C-' or better in ((ACCTG 3600 OR BCOR 3010) AND Intermediate or Full Major status in the School of Business) OR ((ACCTG 3000 OR ACCTG 5050 OR BCOR 3010) AND (Full Major status in QAMO OR Full Minor status in Accounting))
Upper Division Status. First of a three course sequence covering financial accounting. Financial reports are the main way that companies communicate their performance to investors and other key stakeholders. The focus of this class is to introduce the role of financial reporting in providing relevant and reliable information to shareholders, creditors, employees, and other stakeholders. We study the measurement and reporting of revenues and expenses, as well as how to record assets on the balance sheet. The course is intended to help students understand and analyze the balance sheet, income statement, and statement of cash flows.