Catalog

MBAE 6903 - Financial Accounting (3)

The purpose of this course is to introduce students to the major accounting statements in external financial reporting and procedures that are designed to serve the information needs of business people, creditors, and investors. Students will become familiar with financial accounting terminology, with the principles of and procedures that are involved in the preparation of financial statements, and with the uses, misuses, advantages and limitations of financial accounting information. The course will also address contemporary financial reporting and regulatory issues (e.g. stock options, mergers and acquisitions, and Sarbanes Oxley). Restricted to Business Administration majors.