2024-2025 Catalog

ACCT-801 Graduate Financial Accounting I

This course provides students with a solid base in accounting fundamentals. It begins with introduction to US GAAP, the conceptual framework, authoritative pronouncements, nature of accounts, journal entries, and ultimately, financial statements. It provides in-depth coverage of the process by which accountants analyze, journalize, post, and summarize transactions. The course then goes in-depth into measurement and reporting of assets on the balance sheet for external financial reporting purposes including the analysis of companies' financial ratios. Introduces students to IFRS and their similarities to and differences from U.S. GAAP. Develops strong critical thinking and problem-solving skills. The course also includes a discussion of ethical issues facing accounting professionals and time value of money techniques. For MSA and GCA students, this is the first course in the financial accounting sequence. For MBA students, this potential elective course builds upon concepts learned in MBA 641.

Credits

3

Prerequisite

Student has satisfied all of the following Academic Unit (Computed) in the selection list Accounting, Accounting and Business Law, Business Administration, Business Administration Executive, Business Analytics, Business Law and Ethics, Entrepreneurship, Finance, Health Administration, Information System, Information Systems and Operations Management, INTO Sawyer Business School, Management and Entrepreneurship, Management Studies, Marketing, Moakley Center for Public Management, Public Administration, Public Administration and Health Administration, Sawyer Business School, Strategy and International Business Or Programs of Study any in the selection list Business Economics Major BSBA

Offered

Fall, Spring