Financial & Managerial Accounting

This course will cover the basic theory, principles and practice of financial accounting and examine accounting statements including income and cash flow statements and balance sheets. Discussions include managerial use of accounting data useful in making investment and cost decisions, assessing cash flows, and the use of the organization resources to produce profit. Additional topics will include reading and understanding the 10-K, basic accounting standards and practices, and assessing the quality of financial information found in the accounting reports.