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GeM 8007

Fundamentals of Financial Accounting

 

The course is based upon a self-study software program, widely used in executive MBA programs, that introduces financial accounting concepts and principles to the student.

 

It is designed to be interactive and allows students flexibility in studying the material at their own pace. Technical support is provided by the publishers by phone. In addition, electronic or telephone communication with the professor and his teaching assistant are also available.

  At the end of the designated self-study period, the class will meet on two successive days. The first session will entail a review of the concepts and material presented in the self-study program. The second session will take place following morning at which time the final exam will be taken by all students required to take this course.  
  Topics Include
Basic accounting model

Income statements and balance sheets

Cash flow statements

  Analysis of financial statements, including:

• Rate of Return on Sales
• Rate of Return on Assets
• Rate of Return on Owners’ Equity
• Current Ratio
• Acid Test Ratio
• Accounts Receivable Turnover
• Inventory Turnover
• Debt-to-Equity Ratio

Based upon current information; subject to change
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