Course Type: Electives (choose 4 Courses) (Done via Tubeclasses or other universities for Credit)
Course Code: MBA603
Course Name: Accounting
Course Outline
Accounting is the language of business. Companies communicate their performance to outsiders and evaluate the performance of their employees using information generated by the accounting system. Learning the language of accounting is essential for anyone that must make decisions based on financial information. The course is designed to provide an understanding of financial accounting fundamentals for prospective users of corporate financial information, such as investors, creditors, employees, and other stakeholders (e.g., suppliers, customers). The course focuses on understanding how economic events such as operating activities, corporate investments, and financing transactions are recorded in the three main financial statements (i.e., the income statement, balance sheet, and statement of cash flows). Students will develop the technical skills needed to analyze financial statements and disclosures for use in financial analysis. Students will also learn how accounting standards and managerial incentives affect the financial reporting process. The course then considers topics in management accounting, to understand the decision-making requirements and the information needs of management. Managerial accounting principles and techniques are applied to a wide range of situations in both service and manufacturing industries. They should also be able to appreciate recent developments in the theory and practice of management accounting, control systems; and appreciate the developments information technology in relation to the provision of decision information
