Jun 26, 2022  
2022-2023 Cal State East Bay Catalog (BETA) 
2022-2023 Cal State East Bay Catalog (BETA)
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ACCT 604 - Financial Accounting

Units: 3
Learn to read, analyze and interpret financial statements using real company data to make informed business decisions. Topics include constructing, analyzing and interpreting financial statements, and reporting and analyzing operating income, operating assets, debt and owner financing. Formerly BUS 604.

Prerequisites: Post-baccalaureate standing.
Equivalent Quarter Course: ACCT 6015.
Possible Instructional Methods: Entirely On-ground or Hybrid.
Grading: A-F grading only.
Student Learning Outcomes - Upon successful completion of this course students will be able to:
  1. Identify and explain the four financial statements. Explain U.S. and International accounting standards and regulations that govern financial reporting.
  2. Analyze and record transactions, prepare accounting adjustments, construct financial statements, and close the book for the accounting period.
  3. Compute and interpret measures of profitability and risk.
  4. Explain revenue recognition criteria and describe accounting for operating expenses.
  5. Describe and explain accounting for different operating assets. Describe the accounting for current operating liabilities and long-term liabilities.
  6. Describe and illustrate the accounting for contributed capital and earned capital.

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