Fundamentals of Financial Accounting
- 2nd term
- Health Policy and Management
- 3 credits
- Academic Year:
- 2017 - 2018
Introduction to Online Learning is required prior to participating in any of the School's Internet-based courses.
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:
Live Talk Attendance & Class Participation 10%
Knowledge Checks 10%
Problems Sets 30%
Final Examination 25%
- Enrollment Restriction:
Restricted to graduate students.
- Instructor Consent:
No consent required