Courses
GDBU1006 Financial Accounting: Information Generation and Uses (3 units)
- Medium of Instruction:
- English
Accounting has been known as the language of business. In today’s world, we all need to, to varying degrees, deal with accounting information in a wide range of business settings. For example, a potential investor needs accounting information to evaluate firm performance and select a stock for investment. A bank loan officer relies on accounting information to assess borrower’s financial condition and credit risk in making a lending decision. Employees of a business also need accounting information to assess whether the business will survive in the long run and continue to provide employment and pension benefits. As students, you may use accounting information to manage your cash, to evaluate a job opportunity, and to decide whether you can afford a new computer. Success in any business comes down to a thorough understanding of the language of business.
This course is designed to help students understand the basics of financial accounting through exploring three questions: What is accounting information? How is it generated? How is it used? By focusing on both the generation of accounting information and the meaning behind these numbers, this course helps students understand the information of financial reports, become an informed user of accounting information and equips them with crucial decision-making skills in various business environment.
http://ge.hkbu.edu.hk/course/GDBU-1006/