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Course Description

This required course teaches you the terminology, tools, and techniques of financial accounting and shows you the relationships among major types of financial statements: balance sheets, cash flow statements, and income and expense statements. You learn how these statements are prepared, what information you can learn from them, how they treat the most common kinds of assets and liabilities, and how they report revenues, expenses, and cash flows according to generally accepted accounting principles (GAAP). Financial reporting requirements for various kinds of firms are discussed. It is important in this course to stay up-to-date with readings and homework assignments every week. 

Watch a TV interview with Dr. Paul Phillips to learn about his inspiration behind his non-profit organization, Better Man Than Me 

 

Prerequisites

none
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