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MBA 614. Financial Accounting

Credits: 3
Department: Herberger Business School
Description: Accounting systems and their role in the evaluation of assets, determination of income, and measurement of equities with concentration on the interpretation of published accounting statements.
Prerequisites: MBA 601 or by permission of the MBA advisor for non-MBA students.
Semester Offered: DEMAND
Grading Method: ABCDF
Lab: Lab

Student Learning Outcomes

1. Analyze and interpret the effect of economic events on the Balance Sheet, Income Statement, and the Statement of Cash Flow.
2. Describe the measurement theories used in financial accounting.
3. Compare the effect of accounting alternatives on the financial statements.
4. Appraise revenue recognition choices through case analysis, including the ethical issues associated with earnings management.
5. Explain how financial statements communicate economic events to external parties (i.e., owners, investors, creditors, etc.) and the effect on decision making.

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