Accounting 610 – Accounting in a Corporate Environment – Week 1

Week 1 – Introduction

Excited for this course, but a little weary. It is a prerequisite for other MBA classes, and it is known as being difficult. I have an accounting background so I hope I can lean on that to work through these concepts easier. This week we talked about regulatory environment, accounting standard setting organizations, and really deep dove how management impacts the quality of financial reporting. This week we were introduced to real financial reports from publicly traded companies and were required to do analysis on them. This was difficult and took quite a bit of reading and analysis to do. I think I spent more time on the paper than reading the materials. On the management side we talked a lot about cost classifications.