Outline MGCR 211 Fall 2011 MW FINAL

Outline MGCR 211 Fall 2011 MW FINAL -...

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Introduction to Financial Accounting MGCR 211- 001,002,003 and 007 Fall 2011 Objective : This course is an introduction to the role of financial accounting in the  reporting of the financial performance of a business.  It  examines the principles, components and uses of financial  accounting and reporting from a user’s perspective, including  the recording of accounting transactions and events, the  examination of the elements of financial statements, the  preparation of the financial statements and the analysis of  financial results.   The course will allow you to come away with the tools to  interpret financial information in your future roles as managers,  investors, or other users of financial information.   You should leave this course with the knowledge of what  information is conveyed by the financial statements and what  the financial statement elements mean. Accounting is much more than bookkeeping.  It is an exciting  discipline where the “answer” depends on many different  factors. We hope that you enjoy the challenge of  understanding and using financial information/statements. Learning outcomes:  After completing this course, the participants will be able to: 1. Read and interpret financial statements for a  corporation; 2. Determine the strengths and weaknesses of the  accounting information provided for decision making;
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3. Detect instances where earnings may have been  managed by preparers; 4. Identify sources of alternate information, when  necessary; 5. Analyse financial statements, while considering for  known biases introduced in accounting numbers under  Generally Accepted Accounting Principles, for several  basic financial statement items. 6. Use accounting information in his/her future professional  life. Professor: Erica Pimentel , CA Office: Bronfman 321 Telephone: (514) 398-4013 Email: erica.pimentel@mcgill.ca Course Coordinator: Ralph Cecere , CA Office: Bronfman 528 Telephone: (514) 398-4000 x094675 Email:  ralph.cecere@mcgill.ca Office Hours:  – 1:00pm to 2:30pm Or by appointment Tutorials:   Available on Fridays, TBA Required Text: 1.  Financial accounting: A user perspective;     Sixth  Canadian edition, Hoskin, Fizzell and Cherry; Class notes and material will be uploaded on WebCT.  See  http://www.mcgill.ca/mycourses/  to log on.   You will see two sites for this course. One is the “common” site, for issues  Relevant for each student.  The other is your own section site.  Grading: Pre-class problems (Individual) 10% Post-class assignments and case 10%
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Mid-term Exam 30% Final Exam   50% 100%  The mid-term exam will be written on 
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This note was uploaded on 09/18/2011 for the course MGCR 2049 taught by Professor Edwardbierbrier during the Fall '10 term at McGill.

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Outline MGCR 211 Fall 2011 MW FINAL -...

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