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PreMBA Suite
Accounting
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PreM.B.A. Accounting
Learn accounting fundamentals to help you better succeed in an M.B.A. program.


Timeframe: Self-paced and dependent upon the student
Completion Date: Six weeks after enrollment
Prerequisites: None
Suite Price: US $195


Enroll now to get started today! Or inquire here for more information.


How is this course relevant?

"PreM.B.A. Accounting" offers a comprehensive overview of concepts and skills used in accounting. Whether or not you have an accounting background, this course offers you the opportunity to master basic accounting principles. It covers many of the concepts presented in the first three to four weeks of M.B.A. accounting courses, providing you with the foundation you need to better succeed in an M.B.A. program.

"PreM.B.A. Accounting" includes pre- and post-assessments that allow you to evaluate your mastery of course content before and after studying the course material. It also features practice items and challenge problems of varying degrees of difficulty to help you learn concepts and gauge your knowledge.


Who should take this course?
"PreM.B.A. Accounting" is for students about to enter an M.B.A. program, whether you need a comprehensive refresher in accounting or just want to make sure you are appropriately prepared for M.B.A. coursework. It is designed to help you assess your preparedness and ensure you start off your M.B.A. with the fundamental knowledge and skills required for future success.

What is covered in this course?
"PreM.B.A. Accounting" offers you the opportunity to master basic accounting concepts in preparation for your M.B.A. program.


Learning Outcomes:

Financial Accounting

  • Learn the mechanics of accounting.
  • Review general accounting concepts and discover how financial accounting information is used in decision making.

Annual Report

  • Describe a typical annual report and understand the information these reports provide decision-makers.
  • Distinguish between annual and 10-K reports.
  • See how financial accounting information is typically presented in annual reports.
  • Review financial statements and their footnotes to understand what information they contain and why that information is important.

Basic Accounting Concepts

  • Learn about the accounting equation, double-entry accounting, and keeping the equation in balance.
  • Understand debits and credits, recognizing when and how to use them.
  • Explore the basic tools of accounting, including the accounting cycle, T-accounts, journal entries, the general ledger, and the trial balance.
  • Understand key accounting principles such as accrual accounting, revenue recognition, and the matching principle.
  • Explore accounting measurement issues, including historical costs versus fair market values, depreciation, bad debt recognition, LIFO versus FIFO inventory valuation concepts, and how management decisions regarding these issues can influence net income.

Financial Statements

  • See how to pull ending balances of T-accounts together into a balance sheet and income statement.
  • Use a balance sheet and income statement to calculate a statement of cash flows.
  • Discover how a better understanding of the mechanics behind financial statements can improve your analysis and use of financial accounting information.

Analysis

  • Explore ways accounting information can be used to understand the recent past performance of a company and predict its future performance.
  • Learn two methods of analyzing financial statements more systematically