What you'll learn
Discover how balance sheets, income statements, and cash flow statements are developed and how each interact
Evaluate the financial health of a business using financial statements
Understand GAAP and IFRS standards
Prepare and evaluate financial forecasts to make strategic decisions
Value a venture, project, or investment opportunity and perform a sensitivity analysis
Course description
This course is an introduction to financial accounting, its concepts, and the techniques of recording, summarizing, and reporting the flow of financial information through the entity concerned. The course offers an understanding of the information flow process and the necessary techniques for analysis and evaluation of the firm's potential in light of historical data. Students can count either ECON S-1900 or MGMT S-1000 toward an Extension School degree or certificate, but not both.