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15.515 Financial Accounting

15.515 Financial Accounting

Our goal is to help you develop a framework for understanding financial, managerial, and tax reports. The course goal is divided into five subordinate challenges that can help you organize the way you learn accounting: The record keeping and reporting challenge The computation challenge The judgment challenge The usage challenge The search challenge The course adopts a decision-maker perspective of accounting by emphasizing the relation between accounting data and the underlying economic events generating them. Restricted to first-year Sloan MBA students. Acknowledgements Acknowledgment is hereby given to Professor G. Peter Wilson for his authorship of the following content in this course: The Five Challenges (see Syllabus and Lecture 1) "What Do Intel and Accountants Have in Common?" (see Lecture 1) A Conceptual Framework for Financial Accounting (see Lecture 1)

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