All 2020 Spring classes online. Building access restricted. Check uml.edu/alert for more info.
Corporate Financial Reporting I examines the Financial Accounting Standards Board's regulations that make up generally accepted accounting principles relating to the preparation of external financial statements. The student will study, in depth, the accounting cycle, preparation of the Balance Sheet and Income Statement, and the standards/pronouncements governing cash, accounts receivable, notes receivable, and inventory as well as revenue recognition. The student will also begin to understand how data analytics tools are used by accountants
ACCT.2010 Financial Accounting, and Pre-req or Co-req: ACCT.2020 Managerial Accounting.