Accounting & Financial Reporting
Term
Format
Online
Subject Area
Course Number
ACCT 101 910
Course Code
ACCT101910
Course Key
71273
Day(s)
Monday
Tuesday
Wednesday
Thursday
Time
2:00pm-4:00pm
2:00pm-4:00pm
2:00pm-4:00pm
2:00pm-4:00pm
Primary Program
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.
Wharton undergraduates must have completed their first year at Penn to enroll in this course
Wharton undergraduates must have completed their first year at Penn to enroll in this course
Subject Area Vocab