Business Administration: Corporate Financial Reporting2

Continuation of Corporate Financial Reporting1, with emphasis on accounting and reporting of liabilities, owners' equity and related effect on income determination of an enterprise. Prerequisites: BUS 3610; Business Administration major, Business Administration or Accounting minor; minimum Junior standing.

BSAD major, 2BUS Co-Major, BSAD/ACCT minor, CSIS majors by instructor permission – email gsbcss@uvm.edu; Open to degree and PACE students. Minimum Junior standing. Prereq enforced by the system: BUS 3610.

This is the second course in the Corporate Financial Reporting sequence and continues with a discussion of time value of money, long-term liabilities, stockholders’ equity, and various reporting/disclosure rules under GAAP and IFRS. Although the course is intended primarily for accounting majors, it would also be of benefit to those pursuing a career in finance.

Class time will be devoted to a discussion of the outlines and examples contained in the Class Notes, which will be available on Brightspace. You must download and print out these notes before class so that we can work through them together. A textbook is also assigned as required reading. You should already have this text after taking BUS 3610 (if not, please email me for the text information). Students are expected to have a financial calculator on the first day of class (preferably the HP10BII, as this is the one demonstrated in class). One hundred percent class attendance is expected and vital for student understanding.

Course performance is evaluated by three exams (30% each) and homework (10%). Grades follow a conventional 10-point scale with pluses and minuses given (e.g., 8 < B- < 83, 83 < B < 87, 87 < B+ < 90). Exam grades may be “curved” using the distribution of class scores.