Education For All

Text size
  • Increase font size
  • Default font size
  • Decrease font size

Financial Accounting

Course Summary

This course is based on 15.515 Financial Accounting, Fall 2003 made available by Massachusetts Institute of Technology: MIT OpenCourseWare under the Creative Commons BY-NC-SA license.
This course helps students to develop a framework for understanding financial, managerial, and tax reports. The course goal is divided into five subordinate challenges that can help students organize the way they learn accounting: (1) The record keeping and reporting challenge, (2) The computation challenge, (3) The judgment challenge, (4) The usage challenge and (5) The search challenge.

The course adopts a decision-maker perspective of accounting by emphasizing the relation between accounting data and the underlying economic events generating them. Suitable for first-year MBA students.

Reading Material

1. Financial Accounting in an Economic Context
Pratt, J. Financial Accounting in an Economic Context. 5th ed. Cincinnati, Ohio: John Wiley & Sons, 2003. ISBN: 0470000465

Course Material

Not available.

Other Resources

1. Financial accounting: An Introduction
Aidan Berry, Financial accounting: An Introduction, Edition: 2, Published by Cengage Learning EMEA, 1999, ISBN 186152479X, 9781861524799
(Click the button below to see a preview of the book)

2. Introduction to financial accounting
Christopher Nobes, Introduction to financial accounting Edition: 3, Published by Routledge, 1992, ISBN 0415087783, 9780415087780
(Click the button below to see a preview of the book)


Not available.



Chinese (Simplified) French German Italian Japanese Korean Portuguese Russian Spanish
More educational resources: