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BMGT 220 - PRINCIPLES OF ACCOUNTING I – FALL SEMESTER 2010 DEPARTMENT OF ACCOUNTING AND INFORMATION ASSURANCE INSTRUCTOR : Dr. Colin Linsley OFFICE: Van Munching Hall 4332G OFFICE HOURS: Tuesdays and Thursdays 5 – 6.30 pm - you do not need an appointment to see me. OFFICE PHONE: (301) 405-4333 (please send email instead of leaving voicemail) EMAIL: I will try to respond to all relevant emails sent to this email address within a 48 hour period. If you email me a question, and do not hear back within that time, it is probably because the answer is available in the course syllabus / Blackboard announcement, or because I did not receive your email. For help with administrative issues, please email the Administrative Teaching Assistant (below). If you have specific questions about course materials or assigned homework – please see me or the TAs during our office hours. ADMINISTRATIVE TEACHING ASSISTANT: Matt Romines ( ) TEACHING ASSISTANTS: Kossi Adegnon ( ) Jennifer Bossinger ( ) Mark Cheung ( ) Daniel Mellin ( ) Christine Perry ( ) Samantha Rau ( ) Matt Romines ( ) Rahul Srinivasan ( ) TA OFFICE: Van Munching Hall 4332 B TA Office Phone: 301-405-0963 or 301-405-2248 (NO VOICEMAIL) TA OFFICE HOURS: Mondays To Be Announced Tuesdays Wednesdays Thursdays Fridays Feel free to see any of the TAs during the above office hours, not just your assigned TA. COURSE OBJECTIVES: Accounting is often called the “language of business.” Using the “vocabulary” and “grammar” of this language, a business entity communicates with those interested in its activities. The interested parties may be outside the firm (e.g., investors, creditors, regulators) or inside the firm (e.g., operating personnel, managers, board members). Information needs of these two groups vary, so the study of accounting is generally segmented into these two categories: “financial” accounting (BMGT 220) refers to information primarily intended to communicate with outsiders; “managerial” accounting (BMGT 221) to information for insiders.
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The overall objective of BMGT 220 is to provide you with the concepts and tools needed to understand and effectively use a company’s external or financial accounting information system. Specifically, this course has the following three broad objectives: To help understand the role and relationship of financial statements To help understand financial transactions and their impact on financial statements To develop an understanding of the accounting process and to summarize and communicate information useful in making economic decisions. To help understand how to use financial statements to make managerial inferences and decisions
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This note was uploaded on 11/05/2011 for the course BMGT 220 taught by Professor Bulmash during the Spring '08 term at Maryland.

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