ACCT 6065 Financial Accounting for Decision Makers

The course will focus on how to organize, present, analyze, and interpret financial accounting information. Accounting information is organized in the form of journals, special ledgers, and the general journal. Financial information is presented in the form of financial statements, principally, the income statement, balance sheet and cash flow statements and statement of retained earnings. Management input in financial statements relates to interpretation of accounting numbers. Ethical issues are covered in this course on topics relating to control of cash and receivables, recognition of revenues and expenses, and separation of duties in relation to custody of assets and record keeping. The impact of technology on accounting and financial information systems will be incorporated in the course in discussions relating to management of cash and accounts receivable, valuation of inventory, and management of fixed assets.
Prerequisite(s): MBA students only
Credits: 1.5