Accounting

ACCT 551 – ACCOUNTING FOR MANAGERS

I. Course and Faculty Information

Prerequisite(s): Entry into the MBA program

Credit Hours: Three

Instructional Mode: Online

Instructor: Deborah A. Corbin, DBA, CPA (ND)

Office: COB 217

Office Hours: T 11:30 – 1:30, W 9:30 – 11:30, Th 9:30 – 11:30

or by appointment

Phone: 575-562-2356 (Office)

Email: Through Blackboard (Preferred) or Deborah.Corbin@enmu.edu

COURSE DESCRIPTION: Presentation, analysis and interpretation of accounting data for use in planning, organizing, actuating, and controlling business activities.

II. Objectives of the MBA Program

Eastern's Master of Business Administration (MBA) program is designed to prepare individuals for responsible managerial positions in an increasingly complex business environment. Degree emphasis is placed on the development of managerial generalists rather than specialists and requires study in all major functional areas of business.

III. Course Goals

Gaining factual knowledge

Gain an understanding of terminology, concepts, procedures, relationships, trends, circumstances, and the nature of accounting principles and procedures.

Learning fundamental principles, generalizations, and theories.

Learn to apply course material to improve thinking, problem solving, and decisions.

IV. Course Objectives

* Identify the components of financial reports

* Explore the assumptions and concepts utilized to prepare financial reports

* Explain the difference in reporting between IFRS and US GAAP

* Utilize modeling and data analysis to support business decisions

* Analyze financial reports for decision making

* Discuss the economic role of financial statements

V. Course Schedule (Subject to Revision)

Week 1 8/20 – 8/26 Module 1 Financial Accounting for MBAs

Week 2 8/27 – 9/2 Module 2 Introducing Financial Statements and Transaction Analysis

Week 3 9/3 – 9/9 Module 4 Analyzing and Interpreting Financial Statements...