Learning that language is itself an important step. Furthermore, understanding the processes used in preparing financial statements on the one hand, gives an appreciation of the reliability of accounting data, and on the other hand, indicates the limitations of accounting information. Any material covered in class may appear on exams. Homework helps you master the material. It is a learning device and is used extensively as a basis for class discussion.
All assignments are to be completed based on the attached schedule.
There will be 9 take-home quizzes. Each quiz is a comprehensive problem from the textbook. The lowest quiz score will be dropped. Students will be required to use the Internet to investigate issues related to financial accounting of particular enterprises. All exams are mandatory.