312.617.01 Fundamentals of Financial Accounting
- Health Policy and Management
- 1st term
- 3 credits
- Academic Year:
- 2012 - 2013
- East Baltimore
- Class Times:
- Wednesday, 3:30 - 6:20pm
Provides both a theoretical foundation and practical application to contemporary accounting principles and practices. Emphasizes accounting as the “language of business” with the pragmatic approach of learning the types and uses of financial statements, both external and internal.
Topics include a review of the accounting cycle; understanding the environmental needs that drive the requirements for financial statements; a “hands on” review of how accounting events are recorded, resulting in the compilation of financial statements; and a review of external and internal financial statements.
- Learning Objectives:
- Distinguish between financial and managerial accounting
- Demonstrate a basic Discussing of where financial transactions originate, and how they are recorded and presented in the financial statements
- Explain changes in financial position, and results of operations
- Discuss key elements of the statement of cash flows
- Interpret and analyze the financial statements of a business, particularly those of a health care organization and be able to anticipate and comprehend the financial effects of managerial actions on the enterprise
- Methods of Assessment:
Student evaluation based on mid-term and final exams.
- Enrollment Restriction:
Restricted to graduate students.
- Instructor Consent:
Consent required for all students
- Consent Note:
Contact Jamila Savage for consent, firstname.lastname@example.org
- For consent, contact: