WesMaps - Wesleyan University Catalog 2014-2015       Summer Session       Winter Session       Home       Archive       Search
CS92PROD
Introduction to Financial Accounting
ECON 127
Spring 2015
Section: 01  
Crosslisting: CSPL 127

In this course, students learn how accountants define assets, liabilities, revenues, and expenses and where those items are placed in firms' balance sheets and income statements. The purposes and limitations of these two financial statements as well as the statement of cash flows are considered. Students gain an understanding of the accounting numbers that appear in financial statements for inventories, depreciation, and leases; the choices given to firms in their reporting of those items; and how the use of different accounting methods for similar economic events creates challenges for analysts. Instances of questionable financial reporting and strategies that can aid in their discovery are addressed. Firms' filings of financial statements and note disclosures with the SEC are examined throughout the course.
Credit: 1 Gen Ed Area Dept: SBS ECON
Course Format: Lecture / DiscussionGrading Mode: Graded
Level: UGRD Prerequisites: ECON101 OR ECON110
Fulfills a Requirement for: None
Past Enrollment Probability: 50% - 74%

Last Updated on NOV-23-2024
Contact wesmaps@wesleyan.edu to submit comments or suggestions. Please include a url, course title, faculty name or other page reference in your email ? Wesleyan University, Middletown, Connecticut, 06459