Courses

220. Corporate Financial Reporting (4)
Lecture, three hours. Requisite: course 403. In-depth treatment of significant corporate financial reporting issues to enhance understanding of financial statements and student ability to interpret and use information contained in these disclosures. Emphasis on economic substance of transactions. S/U or letter grading.

222. Corporate Decision Making and Incentives (4)
Lecture, three hours. Requisite: course 403. Use of basic microeconomics to answer what information is needed to make managerial decisions, what incentives are needed to motivate managers, and how information should be recorded to facilitate both. Essential for careers in consulting, private equity, and general management. S/U or letter grading.

223. Behavioral Economics in Digital World (4)
Lecture, three hours. Consideration of how heuristics and biases influence consumer decision making and how businesses can help people make better personal finance decisions with innovative digital technologies. Letter grading.

224. Business Law for Managers and Entrepreneurs (4)
Lecture, three hours. Introductory course that uses practical approach to teach students to recognize, understand, and manage legal issues. Topics include contract law, litigation process and alternatives, intellectual property law, business formation, corporate law, employment law, collateralized lending, and bankruptcy reorganizations. How to deal with potential legal issues before they become serious problems. S/U or letter grading.

227. Taxation and Management Decisions (4)
Lecture, three hours. Requisite: course 403. Examination of impact of taxes on decisions of businesses and investors. Effects of taxes on investment decisions, mergers and acquisitions, capital structure, dividend policies, and employee compensation. S/U or letter grading.

228. Financial Reporting and Equity Valuation (4)
Lecture and cases, three hours. Requisite: course 403. Focus principally on equity valuation from financial accounting data, with emphasis on construction of proforma financial statements and application of discounted cash flow and residual income valuation approaches. Consideration of complications posed by capital structure, recapitalizations, derivative securities, intercorporate investments, abandonment options, accounting restatements, and equity trading. Use of multiples in valuation and pricing anomalies. S/U or letter grading.

229X. Accounting Workshop (1)
Discussion, two hours. Designed for Ph.D. students. Intended to develop ability to critically evaluate research in fields relevant to study of accounting. Papers presented in colloquium format by leading scholars in accounting. Active participation and intellectual interchange encouraged through discussion of papers during colloquium. May be repeated for credit. S/U grading.

229Y. Accounting Workshop (1)
Discussion, two hours. Designed for Ph.D. students. Intended to develop ability to critically evaluate research in fields relevant to study of accounting. Papers presented in colloquium format by leading scholars in accounting. Active participation and intellectual interchange encouraged through discussion of papers during colloquium. May be repeated for credit. S/U grading.

403. Financial Accounting (4)
Lecture, three hours. Designed for graduate students. Introduction to fundamental financial accounting methods and procedures, with emphasis on financial statements. Provides basis for firm understanding of "language of business" -- accounting. Letter grading.