Spring 2016  |  ACCT 2050H Section 001: Honors: Introduction to Financial Reporting (59726)

Instructor(s)
Class Component:
Lecture
Credits:
4 Credits
Grading Basis:
A-F or Audit
Instructor Consent:
No Special Consent Required
Instruction Mode:
In Person Term Based
Class Attributes:
Honors
Times and Locations:
Regular Academic Session
 
01/19/2016 - 05/06/2016
Tue, Thu 08:00AM - 09:40AM
UMTC, West Bank
Carlson School of Management L-122
Also Offered:
Course Catalog Description:
Introduction to financial accounting for U.S. organizations. Reading financial statements.
Class Description:
This course introduces the topic of financial accounting for U.S. organizations. The purpose of financial accounting is to provide information to owners of the firm and other interested parties to serve as the basis for making decisions about that firm. The student who successfully completes this class will be able to read and understand U.S. financial statements. This course is unusual in that it covers in one semester material that is more commonly covered in two semester courses or one and a half semester courses. The benefit to this is that the student can get a lot of education for the time and tuition dollar. Also, packing the introductory accounting into one semester frees up time and credit hours that can be used on elective courses. The cost to the student is obvious; this course moves quickly and you must be willing to put in extra time and effort in order to take advantage of this saving. The purpose of this class is to introduce accounting, which is both the language of business and its primary information system. The learning goal is that students be able to read and understand U.S. financial statements. By the end of the course, the student should be able to prepare basic financial statements including the cash flow statement and to read and interpret annual financial reports.
Grading:
40% Midterm Exam
20% Final Exam
8% Special Projects
16% Quizzes
3% Written Homework
13% Class Participation
Class Format:
50% Lecture
20% Discussion
30% Small Group Activities
Workload:
50 Pages Reading Per Week
3 Exam(s)
1 Special Project(s)
5 Quiz(zes)
Textbooks:
https://bookstores.umn.edu/course-lookup/59726/1163
Instructor Supplied Information Last Updated:
4 August 2009

ClassInfo Links - Spring 2016 Accounting Classes

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