Course Outline

MGMT 210 : Financial Accounting

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Last approved: Wed, 20 Jan 2016 13:24:42 GMT

Last edit: Wed, 20 Jan 2016 13:24:41 GMT

MGMT 210-WW
Campus
Worldwide
College of Business (WBUAD)
MGMT
210
Financial Accounting
3
This course introduces the student to accounting information systems and financial reports. Included are accounting concepts and analysis and interpretation of financial reports, with an emphasis on the operating activities of aviation-related businesses.

This course is a required course for the Associate of Science and the Bachelor of Science degree programs in Technical Management, the Bachelor of Science degree program in Professional Aeronautics. It is also a required course in the Minor program in Management and an elective course in all degree programs permitting open electives. The student will learn how to use basic accounting information and financial reports in business decision making, incorporating the operating, financing, and investing activities of a business.

Upon course completion, students will be able to:

1. Explain how accounting is the system that produces information for business decisions.

2. Demonstrate the ability to determine how financial transactions affect the financial reports.

3. Classify financial transactions as operating, investing, and financing activities.

4. Recognize the order of assembling data in the accounting system and prepare financial statements using a manual and/or computerized system.

5. Discuss the purpose, form, and content of financial statements through written and verbal communications emphasizing issues dealing with ethics and values.

6. Analyze the differences between accrual accounting and cash flows especially the difference between cash flow and revenue/expense recognition.

7. Explain the relationship between the valuations of assets: including inventory, receivables and other assets and the measurement of net income.

8. Compare depreciation methods and understand the factors affecting the choice of method and impact of changes in the estimate of the asset-life or residual value.

Located on the Daytona Beach Campus, the Jack R. Hunt Library is the primary library for all students of the Worldwide Campus. The Chief Academic Officer strongly recommends that every faculty member, where appropriate, require all students in his or her classes to access the Hunt Library or a comparable college-level local library for research. The results of this research can be used for class projects such as research papers, group discussion, or individual presentations. Students should feel comfortable with using the resources of the library. 


Web & Chat: http://huntlibrary.erau.edu
Email:  library@erau.edu
Text: (386) 968-8843
Library Phone:  (386) 226-7656 or (800) 678-9428
Hourshttp://huntlibrary.erau.edu/about/hours.html
 

Written assignments must be formatted in accordance with the current edition of the Publication Manual of the American Psychological Association (APA) unless otherwise instructed in individual assignments.

ActivityPercent of Grade
Input Grading Item100

Undergraduate Grade Scale

90 - 100% A
80 - 89% B
70 - 79% C
60 - 69% D
0 - 60% F

Graduate Grade Scale

90 - 100% A
80 - 89% B
70 - 79% C
0 - 69% F
Melinda Swigart, Ph.D. - 6/8/2015
swigartm@erau.edu
Peter O’Reilly, DPS - 6/8/2015
oreillyp@erau.edu
Aaron Glassman - 6/8/2015
glassf10@erau.edu
Dr. Bobby McMasters - 6/8/2015
mcmas245@erau.edu
Key: 253