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ACCT 6351 Principle of Accounting

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    Group Projects

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    • Profile picture
    Apr 27, 2017
    | Would recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I recommend this course because it is essential that MBA students develop an understanding of financial reporting and analysis. The premise of this course is that MBA students learn financial statement analysis most effectively by performing analysis on actual companies. Accordingly, actual problems and cases are used extensively throughout the course.

    Course highlights:

    Financial Reporting and Analysis reveals whether the organization's strategies, implementation and execution are indeed creating shareholder value. Financial statements remind managers that improved quality, response time, productivity, and innovative products benefit the firm only when they result in higher sales, increased market share, reduced operating expenses, or higher asset turnover.

    Hours per week:

    6-8 hours

    Advice for students:

    The effective analysis of a set of financial statements requires an understanding of (1) the economic characteristics and current conditions of an organization's businesses, (2) the particular strategies the firm selects to compete in each of these businesses, and (3) the accounting principles and procedures underlying the firm's financial statements. Armed with these three essential building blocks, a student will be able to assess the success of the strategies as measured by profitability relative to the level of risk involved.

    • Spring 2017
    • Jonathan Du
    • Yes
    • Group Projects Meetings Outside of Class Requires Lots of Research

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