"Financial accounting attempts to measure and report corporate performance. Users demand the performance measure in a variety of decisions they make. The objective of the course is to introduce the language of business and to train the students in the analysis of financial statements. The course will introduce the student to the development and interpretation of accounting records and the use of accounting information as a managerial tool for reporting and decision-making. Major topics covered in this course are double entry bookkeeping, the accounting cycle, individual assets and liabilities, interpretation of financial statements, managerial accounting concepts and ethical issues of financial reporting."