Accounting, Finance, and Economics

Accounting, Finance, and Economics

Course Number:

ACCT

Course Description:

This course introduces core accounting, finance, and economic concepts and principles needed by managers. Accounting topics cover the basics of financial statements, transaction analysis and the accounting cycle. Finance topics include an introduction to the finance function, the role of the financial manager, time value of money concepts and basic financial statement analysis. Topics in economics include an introduction to economic resources, scarcity and systems with a focus on key business fundamentals, including supply and demand, forms of competition, profit maximization and basic macroeconomic concepts.

Course Prerequisites:

Week 2 Discussion

How are current assets different from non-current assets? Can you provide an example of each?  How are current liabilities different from non-current liabilities?  Can you provide an example of each?