BU227 Lecture Notes - Plans, Enquire, Due Date
Document Summary
If you don"t understand the fundamental concepts, terms, principles, and tools of accounting, you will find it difficult to properly understand and analyze many of the decisions that you will be faced with during your career. Even if you don"t end up in a business career, you will likely experience various personal activities (such as getting a loan) in which a basic knowledge of accounting should prove useful to you. Accounting information is critical to the judgment and decision making involved in these personal activities. The knowledge and skills that you acquire in this course should help you to understand how accounting information is generated, measured, reported, and interpreted. The overall objective of this course is to provide you with an integrated framework for preparing, analyzing and interpreting financial information and financial statements. This framework will be applied in a financial accounting context which is primarily concerned with providing financial information to a business"s external stakeholders.
