P: A311. Provides students with a thorough understanding of accounting
for long-term liabilities and debt investment, stockholders' equity, and
preparation of cash flow statements. The course's first objective is to
give students the tools necessary to understand and execute appropriate
accounting procedures. The course's second objective is to help students
understand the process through which accounting standards are determined
and to evaluate the outcomes of that process from the perspectives of
managers, shareholders, auditors, and others. Students will learn to
assess competing accounting theories and methods from multiple
perspectives.