BSAD 3010 - Financial Reporting Theory and Practice I

3 cr. 3 hr. Day course offered in the Fall. Also offered evenings.

(Formerly Intermediate Accounting I) This course is designed to provide a strong conceptual, analytical and procedural foundation for the study of financial reporting and practice. The historical development of accounting thought and the role of financial accounting in today’s economy are investigated. Socioeconomic, political, legal and ethical influences on financial reporting are considered. Discussions include procedures to record, summarize, and report results of business events; content and presentation of financial statements and specific reporting issues related to cash and receivable. An overview of financial statement analysis is also presented. International issues are addressed as appropriate.

Prerequisite(s): BSAD 2020 .