BUAD 5101 - Financial Accounting and Disclosure

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This course develops students’ ability to measure, communicate and interpret financial information. Financial accounting provides the most comprehensive source of information used to assess an organization’s past performance and future prospects. Specifically, financial accounting focuses on the financial statements and related disclosures prepared in accordance with generally accepted accounting principles. Rather than solely focusing on technical competencies, this course also emphasizes the underlying rationale for accounting practices and the effectiveness of these practices. As such, attention is given to contemporary issues in financial reporting, the use of judgment in financial accounting, and the economic consequences of reporting choices.