This course provides an introduction to financial statements and the financial reporting process from a user's perspective. The focus of the course is on fundamental accounting concepts and principles. Students learn how the economic transactions of a firm are reported in the financial statements and related disclosures. The objective of the course is to provide students with basic skills necessary to read and analyze financial statements as well as to prepare students for more advanced financial statement analysis courses.

Cannot enroll in BUSN 30000 if BUSN 20100 taken previously.

Course website, class handouts

Required Text: Dyckman, Hanlon, Magee, and Pfeiffer, Financial Accounting, Sixth Edition (Cambridge Business Publishers)

Grades are based on homework assignments, online quizzes, class participation, and midterm and final exams. No pass/fail grades. No auditors. No provisional grades.