(Open) (Open) The elements of the financial statements, accounting for deferrals, the double-entry accounting system, internal control and cash, receivables and payables, inventory, operational assets, long-term debt, … Introduction to Managerial Accounting… This brief Video Introduces the professor and topics Course Descriptions Spring 2011 > Accounting Technology (ACTT) Courses offered only at the Regional Campuses. Oral class discussion and group and teamwork. The course introduces students to the accounting equation, accounting cycle and preparation of financial statements, the framework within which financial statements are prepared, Generally … Review This course will teach you the fundamentals of financial accounting from the ground up. and education readily available to those seeking advancement Written responses to weekly problem solving. It draws heavily on real business problems and uses cases to illustrate the application of the techniques and tools. Course Description for Introduction to Accounting: Understand how accounting relates to the business environment. The following course should be selected as a business elective by accounting majors planning to take the CPA exam: BUS 340, Business Law II. Creation of wealth, Achievement of charitable aims, Maximise spending on activities, Provision of local services. Understand how to use the accounting equation to analyze business transactions. in video format. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. 3. Performance can then be evaluated to ensure that the chosen actions are taken, and that these actions are yielding improved strategic performance. This course builds on the knowledge you obtained in your introductory financial accounting course. Building on expertise in finance, strategy, operations, management, information technology, financial statement analysis and/or managerial accounting, this course should provide a manager … Atlantic Each section has many examples of real business transactions and even sample ledgers and financial statements to help you understand the concepts. These skills are essential for pursuing a broad range of professions in accounting and finance. of Topics and Lessons: Introduction to Accounting Financial Times/Prentice You’ll learn about the effect of common … Understand how to evaluate the performance of a business. Course Description Prerequisite(s): Not open to business majors or other students who have taken ACC 2303. The objective of this course is to discuss and understand the accounting that underlies merger, acquisition, and investment activities among firms that result in complex financial structures. Course Descriptions Accounting (010) 29:010:203 - (3 cr) Introduction to Financial Accounting. Offered by University of Illinois at Urbana-Champaign. Emphasis of … COURSE DESCRIPTION : A study of analyzing, classifying, and recording business transactions in a manual and computerized environment (Peachtree). We will cover major valuation and financial reporting topics on all three major sections of the balance sheet-assets, liabilities, and equity-along with their consequences for net income and cash flows. The key themes of the framework - all parties, all taxes and all costs - are applied to decision contexts such as investments, compensation, organizational form, and mergers and acquisitions. This course is an introduction to the fundamental concepts of financial accounting as prescribed by U.S. generally accepted accounting principles (GAAP) as applied to transactions and … 11000 Accounting I—Financial (4) Introduction to financial accounting, including principles generally accepted in preparation of accounting … The course is especially useful for anyone interested in working on the buy or sell side. Course Description P resents double-entry accounting fundamentals as related to service and merchandising businesses, including understanding and preparation of financial statements. 2. A test will follow the conclusion The primary objective is to make the student aware of the importance of accounting information as a powerful tool in the business decision-making process. This course is transferable to the university. The objective of this course is to develop a framework for understanding how taxes affect business decisions. ACCT 090 Introduction to Accounting 3 Credits Prerequisites: None. Subsequent cost management efforts can then focus on reducing or limiting expenditures on activities that add little or no strategic value, while increasing expenditures on activities that support the strategic position of the organization. or other previously limiting factors. Conclusion: International University's Final notes and comments about the course made by the regardless of their socio-economic situation, location Approval from one of the departmental advisers must be obtained before registration. The course will draw on cutting-edge academic research in each area; introduce students to the basic SQL coding skills necessary to manipulate Big Data and conduct meaningful analyses; and leverage the datasets and computing power of Wharton Research Data Services. (Open) This goal can be accomplished by having a thorough understanding of which activities and costs support an organization's strategic position and which activities and costs either weaken it or have no impact. Topics include researching a company, financing operations, planning and budgeting, and the basic accounting … Description. Introduction to Accounting and Finance Hall, Harlow. After completing this course, you will have obtained many of the tools necessary to both prepare and analyze financial statements and accounting information provided by firms. Master the technical skills needed to analyze financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting … Business 201 is a course specifically designed for students who are looking for an introduction to accounting, specifically financial accounting. Questions, exercises, and problems to apply managerial accounting principles. Key topics include the purchase accounting method for acquisitions, the equity method for investments, the preparation and interpretation of consolidated financial statements, tax implications of mergers and acquisitions, earnings-per-share considerations, the accounting implications of intercompany transactions and non-domestic investments, etc. This four-day course will provide attendees with a clear understanding of how to prepare accounts. In this entry-level course, real estate expert and IREM instructor Sal … PHD Student-Faculty Research Collaborations. As a result, the course strengthens students' ability to use financial statements as part of an overall assessment of the firm's strategy and valuation. You will acquire an understanding of both the "how" of accounting procedures and the underlying reasons "why" these practices are adopted. Accounting fundamentals course overview. This course teaches students the hands-on skills necessary to manipulate large-scale financial databases and build predictive models useful for strategic and investment decisions. The course will cover three applications of predictive analytics: (i) forecasting future earnings, (ii) predicting accounting fraud, and (iii) detecting insider trading. Recent trends in Big Data and predictive analytics are revolutionizing the way stakeholders analyze financial data. Introduces the basic principles of accounting as utilized in a variety of office settings. The viewpoint is that of readers of financial and managerial reports rather than the accountants who … It is a highly recommended course for anyone who requires a sound understanding of accounting - including non-financial managers and executives, budget holders, those interested in setting up their own business, accounts personnel and support staff using accounts … You will learn how to prepare a balance sheet, income statement, and cash flow … author. (Open) they are open to the public. The accounting cycle, the measurement of income and valuation problems, reporting of … Objectives for Introduction to Accounting: Course Description for Introduction to Accounting: Introduction: This is an intermediate level course on financial reporting which covers more complicated transactions than those found in ACCT 101. Intensive reading and study with some research under the direction of a faculty member. Includes the principles of … The later classes in each unit will cover the technical material and programming skills needed to manipulate the respective datasets, estimate predication models, and backtest algorithms. Strategic Cost Analysis is the process of analyzing and managing costs in orderto improve the strategic position of the business. to be covered in the course. Content, Lessons, and Tests: Introduction to Accounting Course Description This course studies basic concepts of financial and managerial reporting. This course is an introduction to the basic concepts and standards underlying financial accounting systems. An introduction to accounting for non-business majors that follows the business cycle of a start-up company. Introduction to Accounting Financial Accounting Syllabus. This free 2-part accounting fundamentals course will guide you through the accounting process. Introduction to Accounting 1. 4. Sample Text: 1. Accurate and efficient accounting helps to ensure the overall financial health of the asset. An introduction to the accounting concepts, principles, and techniques used in recording business transactions. Also a 3.4 average in major related subjects required. The following course Introduction to Accounting Course is provided in its entirety by The first few classes of each unit will cover the conceptual material and source material related to each topic. Understand how accounting relates to the business environment. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. At the same time, the course is applied and stresses the use of actual financial statements. Calculation of managerial accounting formulas. Throughout the course, a strategic cost analysis and management framework will be applied across functions and organizations to highlight the cost analysis and performance evaluation methods available to forecast financial performance and improve strategic position. in audio and video format. Black, G. (2005). Course From the earliest days of the profession, Luca Pacioli emphasized the importance of math … The course emphasizes the construction of the basic financial accounting statements - the income statement, balance sheet, and cash flow statement - as well as their interpretation. Resources and Bibliography Business Core Courses ACC 201 - Financial Accounting (3) An introduction to the accounting … A outline of the topics covered in this course is provided Alison's Introduction to Accounting offers a comprehensive guide to Financial Accounting. Access Initiative Subject: Financial Accounting-I Course Code: BBA-104 Author: Dr. Chandra Shekhar Lesson: 1 Vetter: INTRODUCTION TO ACCOUNTING STRUCTURE 1.0 Objectives 1.1 Introduction 1.2 Development of accounting discipline 1.3 An accountant ˇs job profile: functions of accounting 1.4 Utility of accounting 1.5 Types of accounting 1.5.1 Financial accounting The lessons and topics for this course are provided This accounting course will give you an overview of business organizations and describes the role accounting plays in managing them. learned. The course is organized as a hybrid of a traditional seminar course and a computer science course. Prerequisites: ACCT 101 AND (ACCT 212 OR ACCT 242). This course introduces the fundamental principles and concepts of corporate accounting … The University's Open Courses are In the course, students learn how to analyze firms' financial statements and disclosures to determine how a firm's particular accounting choices reflect the underlying economics of the firm. This free online course explains accounting principles and concepts, and how to … … Introduction to the theoretical structure of accounting and methods and procedures necessary to … of each lesson to verify the concepts covered have been "Open At the conceptual level, it emphasizes that preparers and users of financial statements have different objectives and incentives. Course Descriptions. The course provides both a framework for and the tools necessary to analyze financial statements. The ultimate goal is to provide a new approach to thinking about taxes that will be valuable even as laws and governments change. Accounting has always been about analytical thinking. 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