Description

A working knowledge of accounting is critical to success in business. Accounting information underlies most strategic and operational decisions made by management. The purpose of this course is to supply managers with a knowledge of the objectives of accounting and to provide the tools necessary to interpret accounting information. Chapter 1 discusses accounting standards and how they are established. Chapter 2 discusses the basic financial statements and the fundamental accounting equation. Chapter 3 introduces the accounting cycle through a series of exercises. Chapter 4 tackles cash flow analysis. Chapter 5 introduces financial statement analysis. Each chapter concludes with a self-assessment quiz, and the course concludes with a Final Exam.