15.501 | Spring 2004 | Undergraduate

Introduction to Financial and Managerial Accounting

Course Description

This course studies basic concepts of financial and managerial reporting. The viewpoint is that of readers of financial and managerial reports rather than the accountants who prepare them.

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A diagram from lecture 1.
A diagram from lecture 1 that illustrates how Financial Accounting promotes the exchange of resources. (Image courtesy of Prof. Sugata Roychowdhury.)
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