Course Description
Introduction to external financial statements of organizations, emphasizing the use of accounting information in making investment and other decisions. Addresses ethical considerations and role of financial reporting in society. Prerequisite: Any one of the following: MAT 115, MAT 118, MAT 120, MAT 150, MAT 151, MAT 190, MAT 191, MAT 196, MAT 292, MAT 296; Corequisite: Pre OR corequisite: ISM 110.
Syllabus
Student Learning Outcomes, Goals, Objectives:
Students successfully completing this course will be able to:
- demonstrate an understanding of basic accounting terminology and procedures.
- create the financial statements which flow from the accounting process.
- understand the accounting cycle and the accounting system.
- develop an understanding of how business organizations operate and the events which have a fiscal impact upon them.
- understand the time value of money concepts.
- contribute toward the Bryan School’s commitment to technology by requiring students to use expertise as appropriate.
Course Grading Information:
| Activity/Performance Measure | Percentage/Points |
|---|---|
| Homework & Quizzes | 20% |
| Projects | 15% |
| Exams | 65% |
| Total | 100% |
Course grades are determined as follows:
| Percentage | Letter Grade |
|---|---|
| 93+ | A |
| 90-92 | A- |
| 87-89 | B+ |
| 83-86 | B |
| 80-82 | B- |
| 77-79 | C+ |
| 73-76 | C |
| 70-72 | C- |
| 67-69 | D+ |
| 63-66 | D |
| 60-62 | D- |
| 59 and below | F |
Final course grades will be rounded to the nearest whole number.
Attendance/Participation:
Attendance/participation is not a graded component included in the student's final grade for this course.
Course Materials Purchased by the Students:
Financial Accounting: Information for Decisions and Sharpen Companion by Wild, 11th Edition, 2024, McGraw Hill. (ISBN 13: 9781265775575)
Scholarly Perspectives
This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.