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GeM 8710

Accounting in the New Economy

 

This course builds upon the basic accounting foundations reviewed in GeM 8007: Fundamentals of Financial Accounting,  presenting financial and managerial accounting issues, concepts, and techniques for managers.

 

The treatment of the material works from the basic accounting statements available to and faced by any manager with a strong orientation towards interpreting and reading beyond what is presented in these statements.

  Where applicable, the course contrasts both approaches and interpretations between traditional "bricks and mortar" companies and those operating in e-commerce environments.  
  Topics Include
Contrasting new and old economy statements

Troublesome accounting issues

Income smoothing

Earnings management

Financial statement analysis and ratios

  Cost-volume-profit analysis

Non-financial performance measures

Balanced scorecard

Strategy execution evaluation

Pro forma statement development

Based upon current information; subject to change
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