CBU Syllabus 2015 MBAC 5103
Introduction to Accounting:
MBAC 5103
Instructor Information
Professor: Derrick Hayes Winter 2015
Office: SB217 Tues & Thurs: 1:00 – 2:15 pm
Email: derrick_hayes@cbu.ca Phone: 563-1312 Course Website (URL): Textbooks and Readings Required Text:
Hayes, Derrick, Introduction to Accounting, Primus, McGraw Hill
Prerequisites:
NONE Course Overview and Objectives
The course will provide students with an introduction to the basic tenets of accounting tailored with a specific emphasis on issues relevant to CED enterprises. The course is a unique combination of financial and managerial accounting themes designed particularly for those working in a CED environment. We begin with the fundamental financial accounting concepts and principles upon which modern accounting is based. These will be applied to the traditional balance sheets, income statements and statements of changes in financial position. Students will gain an understanding of the content, importance and limitations of these end-products of the accounting system and how they can be related to CED enterprises. Financial statement analysis will be a significant element in this course
We next focus on accounting from a “manager’s” point of view; that is, as a person interpreting rather than preparing these statements. Issues relating to cash flow management, budgeting and relevant costs will be discussed. The emphasis will be on decision making. Wherever possible, the generic material provided will be related to community economic development scenarios.
Significant time will be spent discussing case studies and problems using materials provided in the text, supplementary handouts and questions brought by the students themselves.
The CBU library houses many introductory and other levels of accounting texts which may be useful to students
MBAC 5103
Instructor Information
Professor: Derrick Hayes Winter 2015
Office: SB217 Tues & Thurs: 1:00 – 2:15 pm
Email: derrick_hayes@cbu.ca Phone: 563-1312 Course Website (URL): Textbooks and Readings Required Text:
Hayes, Derrick, Introduction to Accounting, Primus, McGraw Hill
Prerequisites:
NONE Course Overview and Objectives
The course will provide students with an introduction to the basic tenets of accounting tailored with a specific emphasis on issues relevant to CED enterprises. The course is a unique combination of financial and managerial accounting themes designed particularly for those working in a CED environment. We begin with the fundamental financial accounting concepts and principles upon which modern accounting is based. These will be applied to the traditional balance sheets, income statements and statements of changes in financial position. Students will gain an understanding of the content, importance and limitations of these end-products of the accounting system and how they can be related to CED enterprises. Financial statement analysis will be a significant element in this course
We next focus on accounting from a “manager’s” point of view; that is, as a person interpreting rather than preparing these statements. Issues relating to cash flow management, budgeting and relevant costs will be discussed. The emphasis will be on decision making. Wherever possible, the generic material provided will be related to community economic development scenarios.
Significant time will be spent discussing case studies and problems using materials provided in the text, supplementary handouts and questions brought by the students themselves.
The CBU library houses many introductory and other levels of accounting texts which may be useful to students