Acct 557
COURSE INFORMATION
Quarter – Winter 2013
Day/Time – Tuesdays, 6:00p.m.-10:00p.m.
Instructor – Timothy E. Carr, CPA
Instructor Email: timothy.carr@strayer.edu
Instructor Phone: 901-359-8408
Instructor Office Hours – By Appointment
COURSE DESCRIPTION
This course provides a framework for financial accounting concepts and practices used by internal and external users in businesses. Topics presented include the accounting cycle, financial reporting, financial statements analysis, ratio calculation and interpretation, and management decision making based on financial results.
INSTRUCTIONAL MATERIALS
Required Resources
Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2012). Financial accounting. (8th ed.). Hoboken, NJ: John Wiley & Sons.
WileyPLUS will be used in this course and is integrated with the online course shell. Students are emailed a registration code for this product when they purchase new course materials from MBS Direct Bookstore, located at http://bookstore.mbsdirect.net/strayer.htm.)
Supplemental Resources
Adler, J. (2012). When do we hold the accountants accountable? Strategic Finance, 93(12), 48-51.
Kelso, K. (2011). Building blocks of a successful financial close process. Journal of Accountancy, 212(6), 18-21.
Lamoreaux, M. (2012). A new system for recognizing revenue. Journal of Accountancy, 213(1), 30-35.
COURSE LEARNING OUTCOMES 1. Examine accounting principles and concepts used in businesses. 2. Prepare and record financial transactions in the accounting cycle according to Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) accounting methodology. 3. Prepare and analyze financial statements including the balance sheet, income statement, and statement of cash flow according to GAAP and IFRS. 4. Examine inventory costing and valuation according to GAAP and IFRS. 5. Assess appropriate internal
Quarter – Winter 2013
Day/Time – Tuesdays, 6:00p.m.-10:00p.m.
Instructor – Timothy E. Carr, CPA
Instructor Email: timothy.carr@strayer.edu
Instructor Phone: 901-359-8408
Instructor Office Hours – By Appointment
COURSE DESCRIPTION
This course provides a framework for financial accounting concepts and practices used by internal and external users in businesses. Topics presented include the accounting cycle, financial reporting, financial statements analysis, ratio calculation and interpretation, and management decision making based on financial results.
INSTRUCTIONAL MATERIALS
Required Resources
Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2012). Financial accounting. (8th ed.). Hoboken, NJ: John Wiley & Sons.
WileyPLUS will be used in this course and is integrated with the online course shell. Students are emailed a registration code for this product when they purchase new course materials from MBS Direct Bookstore, located at http://bookstore.mbsdirect.net/strayer.htm.)
Supplemental Resources
Adler, J. (2012). When do we hold the accountants accountable? Strategic Finance, 93(12), 48-51.
Kelso, K. (2011). Building blocks of a successful financial close process. Journal of Accountancy, 212(6), 18-21.
Lamoreaux, M. (2012). A new system for recognizing revenue. Journal of Accountancy, 213(1), 30-35.
COURSE LEARNING OUTCOMES 1. Examine accounting principles and concepts used in businesses. 2. Prepare and record financial transactions in the accounting cycle according to Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) accounting methodology. 3. Prepare and analyze financial statements including the balance sheet, income statement, and statement of cash flow according to GAAP and IFRS. 4. Examine inventory costing and valuation according to GAAP and IFRS. 5. Assess appropriate internal