Course Description
Introduction to financial and managerial accounting. Topics include financial statements, financial analysis of those statements, cost accounting, and accounting's role in managerial decision-making. Prerequisite: Admitted to the M.B.A., P.B.C. in Business Foundations, or permission of the Program Director.
Syllabus
Student Learning Outcomes, Goals, Objectives:
Students successfully completing this course will be able to:
- Calculate key financial ratios taken from financial statements in order to assess the liquidity, profitability, and solvency of private sector corporations.
- Interpret key financial ratios taken from financial statements in order to assess the liquidity, profitability, and solvency of private sector corporations.
- Explain key terms in accounting vocabulary.
- Interpret accounting information in the context of the regulatory structure in which accounting and auditing operate.
- Explain verbally and in writing the basic aspects of accounting’s role in corporate governance. These aspects include the provision of audits, the monitoring of performance, the budgetary planning process, and the structure of internal control systems.
- Solve basic problems in costing.
Course Grading Information:
| Activity/Performance Measure | Percentage/Points |
|---|---|
| Quiz 1 | 10% |
| Quiz 2 | 10% |
| Midterm exam | 15% |
| Final exam | 15% |
| Public company project | 25% |
| Budgeting project | 10% |
| Homework | 15% |
Grades will be assigned according to the following scale:
Grading Scale
| Percentage | Letter Grade |
|---|---|
| 93-100% | A |
| 90-92.99% | A- |
| 87-89.99% | B+ |
| 83-86.99% | B |
| 80-82.99% | B- |
| 70-79.99% | C |
| 69.99% or less | F |
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:
Easton, Peter E., Robert F. Halsey, Mary Lea McAnally, Susan L. Kulp, and Amie L. Dragoo. Financial & Managerial Accounting for MBAs. Sage College Publishing
Scholarly Perspectives
This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.