HADM 1210 - Financial Accounting

Fall, spring. 3 credits. Letter grades only.

Enrollment limited to: SHA students. Required.

M. MacAusland.

An introduction to financial accounting that studies transaction analysis, the balance sheet, income statement, statement of cash flows, and the statement of stockholder’s equity. Accounting for investments, receivables, inventories, tangible and intangible assets, liabilities, long term bonds and capital stock transactions are studied. Basic financial ratios are introduced and interpreted. Ethical issues related to financial reporting are also discussed. Students who complete this course will have the pre-requisite knowledge to take Intermediate Accounting.

Outcome 1: PLO 1.1: Students will identify key issues and appropriately apply discipline principles to analyze a hospitality management solution.

Outcome 2: PLO 1.2: Students will critically evaluate a hospitality management problem and will formulate a solution based on principles from at least two management disciplines.

Outcome 3: PLO 4.1: Students will describe their personal strengths and development needs related to hospitality management.

Outcome 4: PLO 4.2: Students will identify the personal goals and learning opportunities required for continued personal and professional development.