13002 Accounting for Managers

Credits: 3 graduate credits in Business Administration or in Educational Administration, Policy and Leadership

Prerequisite for the MBA: Admission to the graduate program in Business Administration

Prerequisites for Educational Administration: Research Methods in Education, Theories of Learning and Instruction, Economic Aspects of the Education System, and either Evaluation in Education: Theory and Practice or Technology and Learning

Recommended: Introduction to Microeconomics

Author:
Joseph Aharoni, Doron Israeli

Objectives: To present the accounting system as the organization’s primary information system; to examine how managers, investors, credit providers and others understand the accounting system; to understand the rules and methods used to prepare accounting statements; and to prepare main accounting statements.

Topics: The theoretical foundations of accounting and financial reporting; The balance sheet; Measuring profit and its presentation in financial statements; The accounting process and preparing financial statements; Current assets: cash, receivables, short-term investments, inventory; Operating assets and other assets, depreciation methods, intangible assets, amortization methods; Short-term and long-term liabilities, contingent liabilities; Equity capital: stock issuance, profit distribution, statement of changes in equity; Cash flow statement; Adjusting financial statements; Introduction to financial statement analysis; Investments in other companies.

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