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136A Intro_UNIVERSAL

136A Intro_UNIVERSAL - ECON 136A Instructor Background UCSB...

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1 ECON 136A Instructor: Bob Anderson 13 th edition of text!! Instructor Background UCSB Graduate of 1992 Senior Manager, KPMG, LLP- 1993-2004 RAFS, Inc. Why are we here? Learn foundation in accounting- which is useful for? Getting a JOB! Doing your job CPA exam What does 136A Cover? Refresher on basic accounting; – Accounting Codification & Accounting Research Income statement & Retained earnings; Balance sheet – Cash & receivables – Inventory (and valuation issues) – Fixed assets, their depreciation and valuation issues Time value of money IFRS- key concepts and differences from USGAAP
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2 Course Approach Mutually well prepared; Lectures to be an expansion of what is in the book – Real World – Interesting and Layman’s terms – Class involvement in discussion – Of Course: cover the curriculum Administrative Matters NOTE: All of the following is in syllabus Web-Page address is econ.ucsb.edu/~anderson Student preparation for classes Class presentations on the web for review/ printing before class
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