Phone is the preferred method of communication.
Each day of class will include a lecture on the material, in class examples, and homework problems to be completed the next day. Additionally, on some days an in-class group activity will be completed. The first objective, understanding the financial accounting process, is important because the financial accounting system is the source of numbers used by management for decision making. The rules and assumptions underlying such numbers will affect their relevance to decisions. The financial accounting cycle begins with transaction analysis and results in financial statements that are usually audited.