Mgmt 200 Maymester 2011 Syllabus

Mgmt 200 Maymester 2011 Syllabus - MGMT 20000 Introductory...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Mgmt 200 Syllabus – Li Yao – Maymester 2011 – Page 1 MGMT 20000 – Introductory Financial Accounting Course Syllabus – Maymester 2011 Krannert School of Management Purdue University Class times: 1:00 – 3:10 pm, MTWRF, RAWL1057 Instructor: Li Yao Office: KRAN 434 Phone: (765) 496-6041 Cell: (917) 558-1918 Email: yao2@purdue.edu Office Hours: Mon/Wed, 3:30 – 5:00 pm, KRAN 434. I am also available at other times by appointment. I encourage you to contact me via email for issues regarding MGMT 200. Please use “MGMT 200” as the subject. My cell phone is for urgent issues only. Financial Accounting: Accounting is often described as the language of business, but is much more than that: It is the language of all economic activity; business, not-for-profit, government and personal activity. Accounting involves the measurement, recording and communication of economic information to facilitate the making of economic decisions by users of the information. As you increase your understanding of accounting, you will gain a better understanding of the activities, strategies and potential of any organization. Accountants are very much in demand and there are excellent career opportunities for graduates of accounting. Increasing your understanding of accounting will enhance your opportunities in all business disciplines including finance, marketing, management, strategy and entrepreneurship. It will also enhance your opportunities in whatever major you choose: engineering, agriculture, pharmacy, liberal arts, law, medicine, or even managing a household. When many people hear the word accounting they think of taxes and taxes is one of the branches of accounting. The other branches include: financial accounting, managerial accounting, auditing, government and not-for-profit accounting, international accounting, forensic accounting, consulting and financial statement analysis. While many of these topics are covered in other accounting classes offered at Purdue, management 200 is focused on financial accounting by public corporations: the preparing and issuing of financial statements by business entities that raise financing from the general public. We are only able to scratch the surface of the complexities inherent in the financial reporting process, but we will look at the recording and processing of business transactions, the structure and preparation of the primary financial statements, and some of the accounting issues surrounding components of the financial statements. The primary
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Mgmt 200 Syllabus – Li Yao – Maymester 2011 – Page 2 financial statements include the balance sheet, the income statement, the cash flow statement, and the statement of changes in stockholder’s equity. Public corporations raise financing by issuing shares to the public. Because of this
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 6

Mgmt 200 Maymester 2011 Syllabus - MGMT 20000 Introductory...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online