ACCTG5110

First of a three-course sequence covering financial accounting. Financial reports are the main way that companies communicate their performance to investors and other key stakeholders. The focus of this class is to introduce the role of financial reporting in providing relevant and reliable information to shareholders, creditors, employees, and other stakeholders. We study the measurement and reporting of revenues and expenses, as well as how to record assets on the balance sheet. The course is intended to help students understand and analyze the balance sheet, income statement, and statement of cash flows.

Prerequisites: "C-" or better in (ACCTG 3100 OR BCOR 3010 OR ACCTG 5050) AND (Member of Business Upper Division or Full Major status in the School of Business OR Full Major Status in QAMO OR Minor Status in Accounting OR Minor Status in AFA).

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