MBE 530: Financial Accounting

This module will allow executives to gain an understanding in use of accounting terminology and understand the basics of accounting regulation; understand the economic context of financial reporting and the interplay between different interested parties in this process; interpret trends and encounter red flags in the four financial statements (balance sheet, income statement, cash flow statement and the statement of shareholder’s equity); as well as understand the interrelation between those statements. This will be followed by a section of the module where executives learn about what impact future changes in internal and external factors may have on the financial results of a company. The quality of financial reporting, and how to identify possible management practices to achieve specific goals and objectives are introduced.