The course provides an introduction to financial accounting and emphasizes the analysis and
evaluation of accounting information as part of the managerial processes of planning, decisionmaking,
and control. A large aspect of the course covers the fundamentals of financial accounting.
The objective is to provide a basic overview of financial accounting, including basic accounting
concepts and principles, as well as the structure of the income statement, balance sheet, and
statement of cash flows. This course is recommended for students who will be using accounting
information for managing manufacturing and service operations, controlling costs, and making
strategic decisions, as well as those going into general consulting or thinking of starting their own
businesses.
Course Outcomes:
CO 1: Learn the basics of Financial Accounting.
CO 2: Understand various analytical procedures and application of Financial analysis.
CO 3: Understand and apply various financial ratios
CO 4: Understand Horizontal, Common-Size and Trend Analysis
CO 5: Understand the Accounting Standards and IFRS
- Teacher: Maithili Salgaokar