Fe429 Notes

AC221- Financial Accounting
Course Overview and
Introduction to
Financial Statements

Julie Zhu, AC221 Financial Accounting

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Agenda
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Administrative matters
An overview of financial statements
Objectives and key concepts of financial reporting Julie Zhu, AC221 Financial Accounting

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Course Overview
Course objectives

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Be comfortable looking through a financial report Be able to critically evaluate performance of companies using financial statements.

Class format

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Lecture + problem solving
Come to class prepared! Ask questions!

Workload:

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Reading and homework assignments
Julie Zhu, AC221 Financial Accounting

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Administrative matters
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Textbook: 7th edition of Libby, Libby, and Short
In class:
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Please turn off your cell phones
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Please refrain from using laptops
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Please print out and bring class notes to each classes
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arrive on time and bring a name card

Julie Zhu, AC221 Financial Accounting

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Grading
%
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Quiz
10%
Mid-Term Exam I
15% 
Mid-Term Exam II
15% 
Final Exam
40% 
Team Project +
20%
Class Participation + HW
TOTAL
100%*

Date
09/15
10/18
11/15
12/16-12/21

*Out of which 5% is automatically granted upon completion of
ALEKS by 9/8

Julie Zhu, AC221 Financial Accounting

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Check Course page on SMGTools daily: http://smgtools.bu.edu/ Steps:
1. Log in;
2. Select “Financial Acct SMG AC221 C1D1J1”;
3. Select “Resources”.

Julie Zhu, AC221 Financial Accounting

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Have Questions?
1. Ask in class!
2. How to contact me
 E-mail: [e-mail]
 Office hours: SMG Rm. 548B
 Tue/Thur 4:00 – 5:00pm or by appointment.

3. Tutor: Mahfuja Malik & Jessica

Chang & Guanan Wang

 TA sessions: Rm. SMG 343 Mon/Wed/Thu
5:00 – 6:30 pm
Julie Zhu, AC221 Financial Accounting

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Why study accounting?

?
Julie Zhu, AC221 Financial Accounting

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What