NCCE 5000 - Financial Accounting

Fall. 2.5 credits. Letter grades only (no audit).

Enrollment limited to: Cornell Executive MBA Metro New York Degree program. Offered in New York City at Cornell Tech.

B. White.

The goal of this course is to introduce you to the fundamental concepts of financial accounting. Financial accounting information is commonly used by current and potential investors to make investment decisions. Such investors include individual shareholders and bondholders, institutional lenders (e.g., banks), and potential corporate acquirers. Financial accounting information also plays a significant role in managerial performance evaluation and may be used by suppliers and customers. The focus of this course will be on training you to be a knowledgeable consumer of accounting information, rather than a producer of such information. In particular, the emphasis will be on the uses and limitations of financial accounting information. However, due to the technical nature of the material, one cannot become an effective consumer without a firm grasp of the fundamental mechanics.