Financial Reporting for Executives

Financial Reporting can be thought of as "the language of business." Broadly stated, accounting is a process that develops and communicates information about organizations to support economic decision-making. This course introduces executive students to the concepts, techniques, and issues of financial accounting and reporting through the medium of real-company financial statements. While we discuss the accounting system and financial statement preparation techniques, our major focus is the analysis, understanding, and uses of financial statement information for business. We start with an overview of the accounting model, its aims, and its continuing evolution. We then focus on how particular economic events, resources, and obligations are reported in corporate financial statements. We also address the implications of ethics in relation to management decision-making and financial reporting.

Fall, Spring, Summer