BUAD 251: Financial Accounting

Instructor:

Prerequisites: Economics 203 (with grade no lower than C)

Material and skills covered:

This course prepares you for future opportunities:

--Introductory course presented from a conceptual basis, NOT a course in bookkeeping,

--Emphasizes the basic functions of any accounting system and the reason underlying those functions,

--Emphasis is placed on preparation and analysis of the financial statements, which underlie any well-managed organization,

--Thinking skills are reinforced as connections are made with prerequisite courses, especially in the areas of measuring value, cost, and income,

--Much of the written work is completed using Excel.

Methods used:

Classes are devoted to illustration of accounting principles, questions and answer problem solving, cases, and lectures. There is daily written homework involving practical accounting problems

Grade determined by:

Exams

Comprehensive final exam

Practice sets (computerized)

Class participation

Homework

Attendance policy:

Motivated students don't 'cut'. Unmotivated students experience a grade reduction beyond three 'cuts'.

Comments:

Daily attention to written homework is requisite.