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312.617.93
Fundamentals of Financial Accounting

Location
Beijing, China
Term
Summer Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2020 - 2021
Instruction Method
TBD
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Contact Name
Frequency Schedule
One Year Only
Next Offered
Only offered in 2020
Prerequisite
Description
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
Upon successfully completing this course, students will be able to:
  1. Distinguish between financial and managerial accounting
  2. Demonstrate a basic discussing of where financial transactions originate, and how they are recorded and presented in the financial statements
  3. Explain changes in financial position, and results of operations
  4. Discuss key elements of the statement of cash flows
  5. 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
This course is evaluated as follows:
  • 40% Midterm
  • 40% Final Exam
  • 20% Participation
Enrollment Restriction
Part-time DrPH students in the Tsinghua cohort only
Special Comments

This course will be offered over a 3-day period in Beijing China. Students are required to complete assignments prior to the start of class.