Accounting, Budgeting, and the Liberal Arts

Accounting is the lingua franca of commercial and financial activity, and applies equally to corporations, non-profits, and governments. In this course we will learn the basic concepts and standards underlying the accounting language including: revenue recognition, inventory, long-lived assets, present value, long-term liabilities, and financial statements. We then turn to the application and use of accounting information in forecasting, operating, and measuring an enterprise. These managerial accounting concepts are used to develop budgets and evaluate results. Our understanding of accounting and financial statements is needed to understand how business interrelates with society. The major course project will be developing an Excel financial model; no prior Excel experience required. 3 hrs. lect., 3 hr. lab (not open to students who have taken INTD 0316).

Schedule
11:45am-2:30pm on Friday at AXN 100 (Feb 10, 2020 to May 11, 2020)
12:15pm-1:30pm on Monday, Wednesday at AXN 109 (Feb 10, 2020 to May 11, 2020)
Location
Axinn Center 100
Instructors