Business Administration (Graduate)
Approved course information last updated: 1 month, 3 weeks ago
Pre-requisites: None
Requisite To: None
Lab Session:
Accounting is the universal language of business. The essential characteristics of accounting are: (1) the identification, measurement, and communication of financial information about (2) economic entities to (3) interested parties. This course introduces two major areas of accounting: financial and managerial accounting. Financial accounting is the process of preparing financial reports about t economic entities be used by both internal and external interested parties. Users of these financial reports include investors, creditors, managers, unions, and government agencies. In contrast, managerial accounting is the process of identifying, measuring, analyzing, and communicating financial information needed by management to plan, control, and evaluate economic entities’ operations.
- Lo1: to capture accounting conceptual and procedural framework of accounting.
- Lo2: to identify accounting principles, ethics, procedures, reports, and cost measurements.
- Lo3: to introduce how accounting principles and standards are set and applied.
- Lo4: to explore accounting statements and internal reports to management.
- Lo5: to obtain basic accounting skills related to reading and interpreting financial reports.
- Lo6: to explain features, similarities, differences, and merits of alternative measurement approaches to the
- Lo7: to boost students with appreciation of contemporary accounting issues.
- Lo8: to describe the societal use of accounting information.
- Lo9: to build up graduate student's ability to compare and judge the applicability and relevance of