Financial Accounting

Diagram showing how information flows from a company to outsiders.

This diagram explains the necessity of financial accounting: it promotes the exchange of resources. (Diagram by Prof. S. P. Kothari. Background photograph courtesy of OCW.)

Instructor(s)

MIT Course Number

15.511

As Taught In

Summer 2004

Level

Graduate

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Course Features

Course Description

This six-week summer course teaches basic concepts of corporate financial accounting and reporting. This information is widely used in making investment decisions, corporate and managerial performance assessment, and valuation of firms. Students perform economics-based analysis of accounting information from the viewpoint of the users of accounting information (especially senior managers) rather than the preparer (the accountant). This course is restricted to MIT Sloan Fellows in Innovation and Global Leadership.

Kothari, S.. 15.511 Financial Accounting, Summer 2004. (MIT OpenCourseWare: Massachusetts Institute of Technology), http://ocw.mit.edu/courses/sloan-school-of-management/15-511-financial-accounting-summer-2004 (Accessed). License: Creative Commons BY-NC-SA


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