365-1029-00L Harvard Business School: Financial Accounting Online
Semester | Autumn Semester 2016 |
Lecturers | A. J. Schicker |
Periodicity | yearly recurring course |
Language of instruction | English |
Comment | Exclusively for MAS MTEC students (first semester). The online course will be open from 19.09.2016 to 22.01.2017. Within this time, students can proceed through the course at their own convenience. Seat time is about 25 hours. All MAS MTEC students will receive further information by e-mail on 19.09.2016. |
Abstract | This course is a web-based, online, interactive introduction to financial accounting within the context of management requirements. It has been developed by Harvard Business Publishing. |
Objective | The online course uses the case study "Global Grocer" to guide the students from company foundation with a simple balance sheet towards more complex balance sheets, income and cash flow statements. This ensures an integrated understanding of company transactions. |
Content | 1. Introductory Section 1.1 Terms and Concepts 1.2 The Balance Sheet 1.3 Income Statement 1.4 Accounting Records 1.5 The Statement of Cash Flows 2. Advanced Section 2.1 Revenue & Receivables 2.2 Inventories and Cost of Sales 2.3 Depreciation and non-current Assets 2.4 Liabilities and Financing Costs 2.5 Investment & Investment Income 2.6 Deferred Taxes and Tax Expense 2.7 Owner's Equity |
Lecture notes | The Financial Accounting online-course is an ideal complement to the lectures "Accounting for Managers (363-0711-00)" as well as "Financial Management (363-0560-00)" with the purpose to further deepen the student's knowledge of accounting. Parts of the course content are overlapping, however, it is provided in a different context. Not covered in the online course is managerial accounting which is an important topic in the lecture "Accounting for Managers". |
Literature | Needles & Powers (2010), Financial Accounting, 11e, South-Western College Pub |
Prerequisites / Notice | The online course will be open from 19.09.2016 to 22.01.2017. Within this time, students can proceed through the course at their own convenience. Seat time is about 25 hours. The online course should be accessed and activated only if students wish to take and complete it. No lectures are offered for this course. Specific course topics can be discussed with other course participants, and any questions regarding the course content will be answered by an expert on the learning platform Moodle. |