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COURSE TITLE: Accounting and Business Management
NAME OF INSTRUCTOR: Glenn Stewart, M. B.A.
CREDIT WEIGHT AND WEEKLY TIME DISTRIBUTION: credits 3(hrs lect 3 - hrs sem 0 - hrs lab 2)
COURSE DESCRIPTION: Provides an extension to the financial reporting and managerial accounting courses. This course melds the choice of accounting policies which impact external users and the perspective gained from approaching similar issues from an internal management perspective.

Prerequisites: BUSI 353, 355
REQUIRED TEXTS: Financial Reporting and Analysis.2nd e Revsine, Collins, Johnson, Amernic
  • Financial Reporting and Analysis.3rdE.Edmonds. Tsay.Eliaso
  • Understanding Financial Statements 7th e . M.Frazer, A.Ormiston
  • Behind The Bottom Line: Steven.R.Graves; Thomas .G. Addition C,I.C.A. Handbook(use internet address)
6 Quizzes 30%
3 Case Analyses 30%
Major Paper 40%
  • Why Financial Statements are a valuable source of information about companies, their current wealth and prospects for the future.
  • How financial statements are developed. The rules, guidelines and procedures used in the process.
  • How Investors, creditors, analysts and other stakeholders use financial statements.
  • Financial Reporting in a Social Setting
  • How the demand for full disclosure financial statements increasing because of its  ability to improve decision making and monitor managers’ activities and stewardship
  • How managers can reshape  the financial information communicated to outsiders and investors, stay within the general guidelines, yet raise questions of Ethical and Moral behavior
  • How to fully analyze financial statements by examining its’ components through the prism of appropriate Accounting Principles (G.A.A.P.) both from national and international perspectives
  • The Social Setting of Financial Reporting and Emerging Issues.
  • Quality of Earnings: Accrual Accounting and Income  Determination: Revenue Recognition issue
  • Additional issues in Income Determination
  • Structure of the Balance Sheet
  • Cash Flow Statements.
  • Financial Information ,Valuation Cash flow Analysis and Credit Risks Assessment
  • Financial Information in Contracting
  • Receivables and Inventories Reporting
  • Capital Assets Reporting
  • Long-Term Liabilities as financial Instruments
  • Leases
  • Corporate Income Taxes
  • Reporting Employee Future Benefits
  • Financial Reporting for Equities
  • Inter-corporate Investments Reporting
  • Cash Flow Statement
  • International Financial Reporting :an overview

Required texts, assignments, and grade distributions may vary from one offering of this course to the next. Please consult the course instructor for up to date details.

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