Management Decisions and Financial Reporting
- 3 credits
- Prerequisite: (BUS-A 201 or BUS-A 205) and (BUS-A 202 or BUS-A 207), each course with a grade of C or better
A310 Management Decisions and Financial Reporting (3 cr.) P: (A201 or A205) and (A202 or A207) each course with a grade of C or better. Provides students with a thorough understanding of the theoretical foundations underlying financial reporting, the rules used by accountants to measure the effects of business decisions and to report the effects to external parties, the use of judgment in financial reporting, and the transformation of cash flow decisions into accrual-based and cash-based financial statements. Students are expected to develop technical, analytical, and interpretive skills related to economic transactions and accrual-based financial statements. Accounting students should take A311 and A312 to satisfy accounting major requirements. Credit not given for both A310 and (A311 or A312).