Strategic Cost Analysis is the process of analyzing and managing costs in orderto improve the strategic position of the business. Subsequent cost management efforts can then focus on reducing or limiting expenditures on activities that add little or no strategic value, while increasing expenditures on activities that support the strategic position of the organization. (Open) Business Core Courses ACC 201 - Financial Accounting (3) An introduction to the accounting … These skills are essential for pursuing a broad range of professions in accounting and finance. (Open) The following course Introduction to Accounting Course is provided in its entirety by I designed this basic accounting course to give you an understanding of the basic accounting principles, transactions, and operations. "Open This is an intermediate level course on financial reporting which covers more complicated transactions than those found in ACCT 101. An introduction to the accounting concepts, principles, and techniques used in recording business transactions. The course emphasizes the construction of the basic financial accounting statements - the income statement, balance sheet, and cash flow statement - as well as their interpretation. Accounting fundamentals course overview. Resources and Bibliography Topics include researching a company, financing operations, planning and budgeting, and the basic accounting … You’ll learn about the effect of common … The objective of this course is to discuss and understand the accounting that underlies merger, acquisition, and investment activities among firms that result in complex financial structures. This course is an introduction to the fundamental concepts of financial accounting as prescribed by U.S. generally accepted accounting principles (GAAP) as applied to transactions and … This course introduces the fundamental principles and concepts of corporate accounting … and education readily available to those seeking advancement Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. After completing this course, you will have obtained many of the tools necessary to both prepare and analyze financial statements and accounting information provided by firms. Review At the same time, the course is applied and stresses the use of actual financial statements. Includes the principles of … In the course, students learn how to analyze firms' financial statements and disclosures to determine how a firm's particular accounting choices reflect the underlying economics of the firm. regardless of their socio-economic situation, location This course teaches students the hands-on skills necessary to manipulate large-scale financial databases and build predictive models useful for strategic and investment decisions. Course Descriptions Accounting (010) 29:010:203 - (3 cr) Introduction to Financial Accounting. they are open to the public. Understand how to use the accounting equation to analyze business transactions. Course Description This course studies basic concepts of financial and managerial reporting. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. Accurate and efficient accounting helps to ensure the overall financial health of the asset. From the earliest days of the profession, Luca Pacioli emphasized the importance of math … Course Descriptions Spring 2011 > Accounting Technology (ACTT) Courses offered only at the Regional Campuses. 1. The lessons and topics for this course are provided Master the technical skills needed to analyze financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting … Written responses to weekly problem solving. Performance can then be evaluated to ensure that the chosen actions are taken, and that these actions are yielding improved strategic performance. learned. in audio and video format. This free 2-part accounting fundamentals course will guide you through the accounting process. As a result, the course strengthens students' ability to use financial statements as part of an overall assessment of the firm's strategy and valuation. Intensive reading and study with some research under the direction of a faculty member. Prerequisites: ACCT 101 AND (ACCT 212 OR ACCT 242). The course introduces students to the accounting equation, accounting cycle and preparation of financial statements, the framework within which financial statements are prepared, Generally … Alison's Introduction to Accounting offers a comprehensive guide to Financial Accounting. The course provides both a framework for and the tools necessary to analyze financial statements. Course Description for Introduction to Accounting: Understand how accounting relates to the business environment. The course is especially useful for anyone interested in working on the buy or sell side. ACCT 090 Introduction to Accounting 3 Credits Prerequisites: None. Accounting has always been about analytical thinking. Sample Text: 1. Course Descriptions. " which strives to make knowledge free and do not require any purchase or registration, Introduction to Accounting and Finance This course is an introduction to the basic concepts and standards underlying financial accounting systems. Introduction to Accounting Emphasis of … 4. author. of Topics and Lessons: Introduction to Accounting It draws heavily on real business problems and uses cases to illustrate the application of the techniques and tools. This course will teach you the fundamentals of financial accounting from the ground up. Case studies and illustrative examples from the financial press will be used to increase your familiarity with actual firms' financial statements and to emphasize the effect of financial accounting rules on the information presented in financial statements. The University's Open Courses are The elements of the financial statements, accounting for deferrals, the double-entry accounting system, internal control and cash, receivables and payables, inventory, operational assets, long-term debt, … Financial Times/Prentice A test will follow the conclusion This accounting course will give you an overview of business organizations and describes the role accounting plays in managing them. of each lesson to verify the concepts covered have been Course Description P resents double-entry accounting fundamentals as related to service and merchandising businesses, including understanding and preparation of financial statements. The accounting cycle, the measurement of income and valuation problems, reporting of … The following course should be selected as a business elective by accounting majors planning to take the CPA exam: BUS 340, Business Law II. The course will cover three applications of predictive analytics: (i) forecasting future earnings, (ii) predicting accounting fraud, and (iii) detecting insider trading. Content, Lessons, and Tests: Introduction to Accounting The ultimate goal is to provide a new approach to thinking about taxes that will be valuable even as laws and governments change. Questions, exercises, and problems to apply managerial accounting principles. This four-day course will provide attendees with a clear understanding of how to prepare accounts. Recent trends in Big Data and predictive analytics are revolutionizing the way stakeholders analyze financial data. Throughout the course, a strategic cost analysis and management framework will be applied across functions and organizations to highlight the cost analysis and performance evaluation methods available to forecast financial performance and improve strategic position. Oral class discussion and group and teamwork. COURSE DESCRIPTION : A study of analyzing, classifying, and recording business transactions in a manual and computerized environment (Peachtree). This goal can be accomplished by having a thorough understanding of which activities and costs support an organization's strategic position and which activities and costs either weaken it or have no impact. This brief Video Introduces the professor and topics Description. Building on expertise in finance, strategy, operations, management, information technology, financial statement analysis and/or managerial accounting, this course should provide a manager … to be covered in the course. The first few classes of each unit will cover the conceptual material and source material related to each topic. The objective of this course is to develop a framework for understanding how taxes affect business decisions. (Open) Introduction to financial reporting. Key topics include the purchase accounting method for acquisitions, the equity method for investments, the preparation and interpretation of consolidated financial statements, tax implications of mergers and acquisitions, earnings-per-share considerations, the accounting implications of intercompany transactions and non-domestic investments, etc. In this entry-level course, real estate expert and IREM instructor Sal … The viewpoint is that of readers of financial and managerial reports rather than the accountants who … We will cover major valuation and financial reporting topics on all three major sections of the balance sheet-assets, liabilities, and equity-along with their consequences for net income and cash flows. Creation of wealth, Achievement of charitable aims, Maximise spending on activities, Provision of local services. 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