ECON 127
Summer 2018 not offered
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Crosslisting:
CSPL 127 |
In this course, students learn how accountants define assets, liabilities, revenues, and expenses and where those items are placed in firms' balance sheets and income statements. The purposes and limitations of these two financial statements as well as the statement of cash flows are considered. Students gain an understanding of the accounting numbers that appear in financial statements for inventories, depreciation, and leases; the choices given to firms in their reporting of those items; and how the use of different accounting methods for similar economic events creates challenges for analysts. Instances of questionable financial reporting and strategies that can aid in their discovery are addressed. Firms' filings of financial statements and note disclosures with the SEC are examined throughout the course. |
Credit: 1 |
Gen Ed Area Dept:
SBS ECON |
Course Format: Lecture / Discussion | Grading Mode: Graded |
Level: UGRD |
Prerequisites: ECON101 OR ECON110 |
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Fulfills a Major Requirement for: None |
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