University of Minnesota
Carlson School of Management

Spring 2014 ACCT 2050 - Introduction to Financial Accounting

Professor Yu Gao
CSOM 3-283
Tel: 612-624-1075
Email: gaoxx112@umn.edu

Class:
Section 003: Tuesday, Thursday: 11:50 am-01:30 pm, CSOM L-114
Section 006: Tuesday, Thursday: 03:45 pm-05:25 pm, CSOM L-110

Office Hour:
Tuesday, Thursday: 3:00 pm – 3:40 pm, CSOM 3-283 or by appointment

COURSE DESCRIPTION

The course provides an introduction to the financial accounting and reporting process from the perspective of external decision makers. The course focuses on fundamental accounting concepts and principles. Students will learn how the economic transactions of an enterprise are reported in the financial statements and related disclosures. The goals of the course are to provide students with a basic set of skills that can be used to compile and analyze financial statements and to prepare students for more advanced financial statement analysis courses.

COURSE MATERIALS

|Text Book |Financial Accounting 7th edition; Robert Libby, Patricia Libby and Robert Short; McGraw-Hill Irwin;|
|(Required) |2010. |
| |Connect Access Code |

I do not recommend old editions of this book, but you make the final decision.
You are required to purchase the Connect Access Code since some exercises and homework will be assigned, turned in and graded on Connect. You can also find more exercises there.
A video that help with the Connect registration: http://screencast.com/t/Dzo9LxjAJ
Please register at the following website: http://connect.mcgraw-hill.com/class/y_gao_copy_of_spring_2014
After you log in, you can do more accounting