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ACC 123 accounting life

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    • Profile picture
    Jul 27, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    This course revisits topics covered in Introductory Financial Accounting (Accounting 101), with a focus on the asset side of the balance sheet: Cash, accounts and notes receivable, inventory, marketable securities, equity investments, PPE, and intangibles. The course also covers revenue and expense recognition issues, and generally accepted accounting principles that affect the format and presentation of the financial statements.

    Course highlights:

    Covers liabilities and equities, especially long-term debt, convertible securities, equity issuance, dividends, share repurchases, employee stock options, pensions, leases, deferred tax, and derivative securities. Related topics covered include computation of diluted earnings per share, disclosure issues, earnings management, and basic financial statement analysis of cash flows.

    Hours per week:

    6-8 hours

    Advice for students:

    Presents an overview of the Federal tax raising system and its impact on the planning and conduct of business operations. Draws on the disciplines of business finance, public finance, and accounting as they relate to taxation.

    • Summer 2013
    • mahmu
    • Yes
    • Math-heavy Group Projects Great Discussions

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