ACCT 615
Instructor: Dr. Asokan Anandarajan
Course Description: The first part of this course is designed to provide students with an insight into key financial accounting concepts needed for effective decision-making. This includes a brief discussion of how to record transactions using T accounts; preparing adjusted trial balances; preparing income statements, balance sheets, and statements of cash flows. Techniques for analyzing financial statements to examine a company’s financial status with respect to profitability, liquidity, and solvency are also discussed. This course subsequently builds on traditional concepts of managerial accounting (break-even analysis; strategic decisions involving product line decisions; downsizing, outsourcing; profit planning and how to set and examine budgets; and transfer pricing to maximize company value. We will also explore strategic cost reduction and waste/inefficiency reducing techniques such as Value Chain Management and Activity Based Management. The focus of the course, in summary, relates to how to effectively understand and use managerial accounting data in executive planning and control. This course is very intensive since we will be trying to cover a large amount of material over the semester. Absolute student commitment is required. Students must allocate a certain amount of time each day on this course. I will leave it up to you to judge for yourself the time required based on your learning ability.
All of these works are licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.
| Course Welcome Letter | File |
| Course Syllabus | File |
| Lecture 01: Basic Accounting Concepts | Video |
| Lecture 02: The Accounting Equation | Video |
| Lecture 03: Financial Reports and Recording Financial Transactions | Video |
| Lecture 04: The Double Entry Concept | Video |
| Lecture 05: Accounting Conventions and Laws | Video |
| Lecture 06: Adjusting Entries | Video |
| Lecture 07: Accounting and Reporting for Corporations | Video |
| Lecture 08: Statement of Cash Flows | Video |
| Lecture 09: Analysis of Financial Statements | Video |
| Lecture 10: Further Analysis of Financial Statements | Video |
| Lecture 11: Accounting for Internal Decision Making | Video |
| Lecture 12: Further Discussion of Cost Concepts | Video |
| Lecture 13: Measuring and Analysing Product Costs | Video |
| Lecture 14: Managing Activities | Video |
| Lecture 15: Breakeven Analysis - Decisions and Constraints | Video |
| Lecture 16: Performance Measurement | Video |
| Lecture 17: Transfer Pricing | Video |
All of these works are licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.
