Corporate Financial Reporting

3 Credits · Level: Undergraduate

This course is an extension of ACCT 101 that deepens an understanding of how firms report the conversion of capital into operational assets. Topics include the reporting of raw materials, property, plant, and equipment, and intellectual property, and the utilization of resources to generate revenue from selling products and services. The course also examines the theory underlying the financial reporting requirements and management incentives for manipulating those requirements. Most of the skills acquired in the class will be taught through real-world examples from the business press and company financial statements. The skills acquired in the course are foundational for various careers, including general management, financial services, consulting, and those thinking of starting their own business or joining not-for-profit or government entities.