FIN386 CM - Financial Reporting and Communication

This course will introduce students to the language of business and finance (accounting). Financial accounting is concerned with how firms report the results of their operations to outsiders such as investors, analysts, and regulatory agencies. An appreciation of the role of financial reporting in our economic system and insights into how financial accounting information is used by decision-makers both inside and outside the firm are essential for those who are seeking careers in finance. The emphasis is more on concepts than on procedures. The course will discuss some of the recent accounting scandals, the reasons behind them and how we can eliminate such problems. The course will also introduce the students to International Financial Reporting Standards (IFRS) as well as the debate about the role of accounting in the financial crisis.

Offered: Every fall

Credit: 1

Course Number: FIN 386 CM