15.501 | Spring 2004 | Undergraduate

Introduction to Financial and Managerial Accounting


1 Overview of the course, Administrative matters, Discussion of Accounting Framework

2 The Balance Sheet and the Recording of Transactions

3 The Income Statement and Principles of Accrual Accounting

4 The Income Statement and Principles of Accrual Accounting (cont.)

5 The Accounting Process Problem sets 1 and 2 due (Case write-up)
6 Revenue Recognition

7 Revenue Recognition (cont.)

8 Inventory/Cost of Goods Sold Problem set 3 due
9 Statement of Cash Flow

10 More on the Statement of Cash Flows/Exam Review Problem set 4 due
11 First Exam

12 Long-term Assets/Depreciation (Deferred Taxes)

13 Matching Principle for PP&E

14 Marketable Securities (Deferred Taxes)

15 Marketable Securities, Time Value of Money

16 Long Term Debt Problem set 5 due (Case write-up)

Problem set 6 due

17 Leases and Off-Balance Sheet Financing

18 Current Liabilities and Contingencies

19 Midterm 2 Review Problem set 7 due
20 Second Exam

21 Intangibles and Business Combinations

22 Introduction to Cost Concepts

23 Indirect Allocation of Costs, Destin Brass

24 ABC, Destin Brass

25 Managerial Accounting Wrap-up, Seligram Discussion Problem set 8 due (Case write-up)
26 Course Review/Wrap-up

Final Exam (Comprehensive in scope)

Course Info

As Taught In
Spring 2004
Learning Resource Types
Problem Sets with Solutions
Exams with Solutions
Lecture Notes