Accounting Course Descriptions
ACCT-708: Seminar in Financial Concepts
The course will examine basic concepts and tools to provide integrative coverage of accounting and finance. Accounting topics include the interpretation, analysis and use of accounting information, including basic accounting procedures, budgeting, cost tracking and cost/profit analysis. Finance topics include concepts and techniques for planning and managing the acquisition and allocation of financial resources, including cost of capital, capital structure and capital budgeting. Coverage of these areas will be integrated by examining the basic contributions of each are to the decision processes for raising and allocating funds and the purposes they serve in assisting lenders and investors in assessing financial capacity and performance.
ACCT-714: Managerial Accounting and Finance
The course focuses on the role of management accounting information systems in planning, controlling, evaluating performance and decision-making. The course covers traditional and contemporary concepts and techniques of product and service costing, budgeting, and interpretation of internal reported information. Emphasis is also give to the application of concepts and decision tools for financial decision-making. Financial resources are essential for the survival of corporation. The course, therefore, will also cover the planning process, financial markets and instruments, how financial resources are acquired and allocated, and how decisions in finance may affect non-financial areas. The course will use case studies and computer-based analysis for an integrative application of finance and managerial accounting concepts. Prerequisites: ACCT 708.
