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Courses: In the summer 2021 term, undergraduate courses in Arts & Sciences, Wharton, Weitzman School of Design, and School of Engineering & Applied Sciences will be delivered 100% online.
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Acct & Financial Report

Acct & Financial Report

Subject Area
Course Number
ACCT 101 910
Course Code
ACCT101910
Course Key
65972
Day(s)
Monday
Tuesday
Wednesday
Thursday
Time
2:00pm-4:00pm
2:00pm-4:00pm
2:00pm-4:00pm
2:00pm-4:00pm
Course Description
This course is an introduction to the basic concepts and standards underlying financial accounting systems. Several important concepts will be studied in detail, including: revenue recognition, inventory, long-lived assets, present value, and long term liabilities. The course emphasizes the construction of the basic financial accounting statements - the income statement, balance sheet, and cash flow statement - as well as their interpretation.
Subject Area Vocab