FINANCIAL ACCOUNTING

Prerequisites & course information

Requisites: Graduate/professional standing Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain both the interrelationship and details of the structural components of financial reporting. Audience: Graduate 2. Apply the recognition and measurement concepts to the preparation of a basic set of financial statements. Audience: Graduate 3. Demonstrate how companies’ financing, investing, and operating decisions affect their financial statements and, consequently, measures used to assess risk. Audience: Graduate 4. Evaluate the impact of business and macro-economic events on a company’s financial statements. Audience: Graduate 5. Apply accounting data to the creation of a basic set of financial statements and understand how business transactions affect profits and cash flows. Audience: Graduate 6. Understand that there are recognition and measurement concepts that underlie the preparation of a basic set of financial statements and that financial statements and accounting data is used extensively in business as a common language. Audience: Graduate Learning Outcomes: 1. Explain both the interrelationship and details of the structural components of financial reporting. Audience: Graduate 2. Apply the recognition and measurement concepts to the preparation of a basic set of financial statements. Audience: Graduate 3. Demonstrate how companies’ financing, investing, and operating decisions affect their financial statements and, consequently, measures used to assess risk. Audience: Graduate 4. Evaluate the impact of business and macro-economic events on a company’s financial statements. Audience: Graduate 5. Apply accounting data to the creation of a basic set of financial statements and understand how business transactions affect profits and cash flows. Audience: Graduate 6. Understand that there are recognition and measurement concepts that underlie the preparation of a basic set of financial statements and that financial statements and accounting data is used extensively in business as a common language. Audience: Graduate