The two core courses, Accounting I (B6013) and Accounting II (B6016), cover the essentials of financial reporting and managerial accounting, respectively. Financial reporting studies accounting reports (Annual reports, 10-K, 10-Q, etc.) prepared for external users. Managerial accounting is concerned with preparing information for decision-makers within the firm.

The elective courses in Accounting build on these two core courses. Financial Reporting I (B8100) provides additional coverage of the issues raised in Accounting I, and Financial Reporting II (B8101) covers more advanced topics. Students taking B8100 before their summer internships have found the additional study of the rules underlying external reporting to be particularly useful. Auditing (B8103) considers problems faced by auditors when examining financial reports prepared by firms.

The next step is to move from courses designed to help read financial statements to electives that help to use that information. Financial Statement Analysis (B8104) develops an understanding of how to glean information from financial reports about the firm’s current and past performance. Valuation and Financial Statements (B8110) looks to the future: it focuses on ways to improve the equity valuation process first introduced in finance classes, via the study of financial information.

Strategic Management Control (B8102) extends further the managerial accounting topics considered in Accounting II. International Accounting (B8109) examines both financial and managerial accounting issues relating to overseas operations and investing.

The division also offers courses in taxation and business law. A tax course (B8153) studies how taxes impact business decisions. Two courses in Business Law (B6150 and B6151) cover private transactions and government regulation. A third law course (B8158) examines real estate transactions.

Finally, we offer suggestions for Accounting courses that are most relevant for some of the popular career tracks at the Business School. Students interested in Finance careers will benefit most from electives focusing on financial reporting (B8100 and B8101) and understanding financial statements (B8104 and B8110). Those developing careers in marketing or consulting should consider the elective in managerial accounting (B8102). Students with interests in International Business will enjoy the course on International Accounting (B8109). The course on taxation (B8153) is very relevant for all careers, and the law courses (B6150, B6151, and B8158) are most useful for students who wish to develop a better understanding of the law as it relates to important business issues, such as product liability, securities regulation, and real estate transactions.

For further information please email- [email protected]

Course Listing: Fall 1998

Tentative Course Listing: Spring 1999

Last Updated: 17 July 1998