It includes a series of assignments that illustrates how financial institutions work for both businesses and the consumer. Broad coverage of different financial institutions in the context of a global society is presented. Key concepts covered include the role of financial markets in society, financial transactions in a global society, and the commercial banking system. An introduction to accounting information on financial reports, including accounting concepts, analysis and interpretation and the proportion of financial reports with an emphasis on the operating activities. Includes the measurement of income and expense, working capital, investments of the bases for measuring performances and making business decisions.
Emphasis is on corporations, fund-flow and interpretation of financial statements.
The course is designed to present clearly and understandably the most important conceptual and practical aspects of accounting. This course covers the material necessary to interpret financial reporting and make useful lending and investment decisions. Cash flow statements, cost accounting, cost-volume analysis, budgeting, and capital budgeting are included. This course provides an overview of business ethics. It studies the essential nature of ethics and the role that ethics play in the decision process.