BUS-A310 Management Decisions and Financial Reporting

• 16 weeks
• 3 credits
• Prerequisite(s): BUS-A201 or BUS-A205 and BUS-A202 or BUS-A207, each course with a grade of C or higher. Accounting majors must take BUS-A311 and BUS-A312 (not BUS-A310).

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).