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22:010:577

Accounting for Managers

Rutgers University 3 credits Accounting

Course Description

An introduction to financial statement analysis which builds on the fundamentals of accounting, including understanding the accounting equation and its application in building the balance sheet, the income statement, and the statement of cash flows. Basic accounting concepts, accounting principles, and the audit report are presented. Students work in teams to analyze corporate financial statements. The relationship of economic value to accounting measurement is explored together with factors influencing management choices among competing valuation principles. Theory is applied to the valuation of the asset, liability, and owners' equity accounts. Emphasizes the heavy reliance on estimates in constructing financial statements and how management can use such estimates to strategically manage its reporting responsibilities. This course is waived for accounting majors. Students may also waive this course if they have already taken Principles of Accounting or an equivalent course at the undergraduate level. An approved elective can be substituted for this course.

Code
22:010:577
Credits
3
Subject
Accounting

Programs That Include This Course

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