Isenberg School of Management 521 - Financial Acctg I

A conceptual framework for accounting for a firm's reported assets. Focus on the nature of assets and issues regarding their recognition, measurement, and disclosure. Assets covered are cash, receivables, inventory, plant and equipment, intangibles, and investments in equity securities. Motivations of management in choosing among acceptable accounting alternatives in each of these areas examined, along with the economic consequences of such choices.

Open to ISOM Graduate students. Pre Req: ACCOUNTG 221