Financial Accounting and Analysis

General

Prefix

ACCT

Course Number

371

Course Level

Undergraduate

Department/Unit(s)

College/School

Herberger Business School

Description

Financial statement measurement and derivation. Develop an in-depth understanding of financial statement concepts such as revenue recognition, cash flows, assets, liabilities, shareholders' equity, revenue, and expenses.

Prerequisites

Credits

Min

3

Max

3

Repeatable

No

Goals and Diversity

MN Goal Course

No

Cultural Diversity

No

Learning Outcomes

Outcome

Prepare and interpret the income statement, balance sheet, and statement of cash flows.

Outcome

Determine the effects of transactions on a business entity's financial statements. This will include transactions for the following topics: a) cash and receivables, b) inventory, c) property, plant and equipment, d) intangible assets, e) current and long-term liabilities, f) stockholders' equity, g) leases, and h) pensions

Dependencies

Programs

ACCT371 is a completion requirement for: