| L1 |
Overview and Introduction to Financial Statements
Administrative Matters, Discussion of Accounting Framework |
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| L2 |
The Balance Sheet |
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| R1 |
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Highlights of Introductory Topics: Financial Accounting, Balance Sheet, Income Statement, etc.
Review of Technical Items |
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| L3 |
The Income Statement and Principles of Accrual Accounting |
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| L4 |
The Accrual Accounting Process of Preparing Financial Statements |
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Problem set #1 due |
| L5/R2 |
The Accrual Accounting Process of Preparing Financial Statements (cont.) |
Journal Entry and T-account
Cash vs. Accrual Accounting
Accounting Entry for Sales, Adjusting Entries, and Closing Entries |
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| L6 |
The Accounting Process |
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Problem set #2 due |
| L7 |
Statement of Cash Flows |
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| L8/R3 |
Statement of Cash Flows (cont.)
Financial Statement Analysis |
Statement of Cash Flows
Indirect Approach |
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| L9 |
Receivables and Revenue Recognition |
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| L10/R4 |
Receivables and Revenue Recognition (cont.) |
Midterm Review |
Problem set #3 due |
| L11 |
Inventories |
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| L12 |
Long-lived Assets |
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| R5 |
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Accounting for Inventory LIFO and FIFO |
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| E1 |
Mid-term Exam |
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| L13/R6 |
Matching Principle for PP&E |
Accounting for Long Lived Assets Time Value of Money |
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| L14 |
Current Liabilities and Contingencies |
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| L15 |
Time Value of Money
Long-term Debt |
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| L16 |
Long-term Debt and Leases |
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Problem set #4 due |
| L17/R7 |
Deferred Taxes
Marketable Securities |
Marketable Securities
Bonds
Leases
Deferred Tax |
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| L18 |
Investments, and Business Combinations |
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Problem set #5 due (two days after L18) |
| L19 |
Business Combinations and Course Review |
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| E2 |
Final Exam |
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