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. Class attendance is expected. 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. One Internet case will be assigned in the course. Students will be required to use the Internet to investigate issues related to financial accounting of particular enterprises.