Financial Accounting Fundamentals (For MBA Students)
Financial Accounting Fundamentals (For MBA Students)
Financial Accounting Fundamentals (For MBA Students) is a course designed to provide business students with a thorough understanding of the fundamentals of financial accounting.
It covers topics such as the accounting equation, financial statements, the accounting cycle, and accounting for assets, liabilities, and owners' equity.
The course also provides an overview of the accounting profession, its role in an organization, and the ethical considerations associated with it.
It further examines the use of financial statements for internal decision making, as well as the role of external financial reports in communicating with investors and other external stakeholders.
The course also covers topics such as cost accounting, budgeting, and financial statement analysis.
Examples of topics studied in the course include the creation of financial statements, the impact of transactions on the financial position of a business, and the use of different types of accounts to record transactions.
Additionally, the course provides students with the opportunity to apply their knowledge and understanding of financial accounting to a variety of business scenarios.
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