3 credits
Fall 2026 Lecture Upper Division
The course is designed to meet the needs of students of predominantly finance students, as a firm grasp of key accounting concepts is critical to success in most finance professions. Throughout the course we will study measurement and reporting issues related to selected important financial statement items. The goal of this course is to educate students on major accounting topics that are likely to influence key financial decisions such as different inventory methods, different depreciation methods, lease recognition, pension accounting, among other topics.
Learning Outcomes1Identify, analyze, and interpret intermediate financial accounting concepts that are relevant to market participants (i.e., shareholders, debtholders, regulators, among others).
2Demonstrate a thorough understanding of complex financial accounting concepts that are vital to understanding firms' financial statements.
3Outline how firms use accounting to communicate business results to stakeholders and other interested parties.
Prerequisites
Restrictions
made by Purdue students.