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Lec1_Blackboard - Principles of Accounting Professor Choi...

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Principles of Accounting Professor Choi fchoi@stern.nyu.edu KMC 10-75 TTh 11:15 a.m.-12 noon W 11a.m. – 12 noon. Success Practice Basics
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TA – Kedar Talang Office Hrs.
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Approach to Course? Importance of lifetime learning. My approach Read assigned chapter. Attempt HW problems. Come to lecture. Compare your answers to posted solutions.
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Critique What point is the author trying to make? Methodology? How well does author make her point?
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Grading 2 mid-terms worth 100 pts each. Final exam worth 200 pts. Critique worth 100 pts. Participation worth 50 pts. Total 550 pts. No negotiating.
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COURSE OBJECTIVES Understand the role of accounting in society Examine how data appearing in a firm’s principal financial reports are derived and what they mean Alert you to the financial statement effects of accounting choices Introduce you to the fundamentals of financial statement analysis
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Alternative Measurement Models Present Value Net Cash Flow Original Transactions Value General Price Level Replacement Cost Market Value
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Why Study Accounting? Personally, it’s useful. Professionally, financial reports are financial
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This note was uploaded on 05/24/2008 for the course ACC 203 taught by Professor Choi during the Spring '08 term at NYU.

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Lec1_Blackboard - Principles of Accounting Professor Choi...

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