The calendar below provides information on the course’s lecture (L), recitations (R) and exam (E) sessions.
| SES # | LECTURE TOPICS | RECITATION TOPICS | KEY DATES |
|---|---|---|---|
| L1 |
Overview and Introduction to Financial Statements
Administrative Matters, Discussion of Accounting Framework |
||
| L2 | The Balance Sheet | ||
| R1 |
Highlights of Introductory Topics: Financial Accounting, Balance Sheet, Income Statement, etc.
Review of Technical Items |
||
| L3 | The Income Statement and Principles of Accrual Accounting | ||
| L4 | The Accrual Accounting Process of Preparing Financial Statements | 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 |
|
| L6 | The Accounting Process | Problem set #2 due | |
| L7 | Statement of Cash Flows | ||
| L8/R3 |
Statement of Cash Flows (cont.)
Financial Statement Analysis |
Statement of Cash Flows
Indirect Approach |
|
| L9 | Receivables and Revenue Recognition | ||
| L10/R4 | Receivables and Revenue Recognition (cont.) | Midterm Review | Problem set #3 due |
| L11 | Inventories | ||
| L12 | Long-lived Assets | ||
| R5 | Accounting for Inventory LIFO and FIFO | ||
| E1 | Mid-term Exam | ||
| L13/R6 | Matching Principle for PP&E | Accounting for Long Lived Assets Time Value of Money | |
| L14 | Current Liabilities and Contingencies | ||
| L15 |
Time Value of Money
Long-term Debt |
||
| L16 | Long-term Debt and Leases | Problem set #4 due | |
| L17/R7 |
Deferred Taxes
Marketable Securities |
Marketable Securities
Bonds Leases Deferred Tax |
|
| L18 | Investments, and Business Combinations | Problem set #5 due (two days after L18) | |
| L19 | Business Combinations and Course Review | ||
| E2 | Final Exam |
