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ACCT 5930 Financial Accounting

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    • Profile picture
    Apr 02, 2017
    | Would recommend.

    Pretty easy, overall.

    Course Overview:

    I would recommend this course since the lecturer is good at teaching and showing real due care for the students. The content is not new but somehow it is basic for accounting foundation.

    Course highlights:

    Basic principles of accounting, foundation of flows of account, from the most basic approach.

    Hours per week:

    3-5 hours

    Advice for students:

    Just make sure to be familiar with the structure of the financial statements: income statements, balance sheets, cash flow statements. At first it might be hard to remember what is the content in order in particular financial statements, for example what is in Operating Activity, Financing activity and Investing activity of Cash flow statement but the more you practice, the faster you write it on the exam. There is one thing, I would consider the most important thing you might learn from this course is the EMPHASIS of 'matching principle', which means everything should be 'cut-off' in the period of accounting cycle. From depreciation to rent, wages, prepaid and accruals, all would be traced to the right amount of allocation in accounting cycle.

    • Spring 2017
    • NicoleAng
    • Yes
    • Math-heavy Many Small Assignments Competitive Classmates

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