15.501 / 15.516 Introduction to Financial and Managerial Accounting, Spring 2004
A diagram from lecture 1 that illustrates how Financial Accounting promotes the exchange of resources. (Image courtesy of Prof. Sugata Roychowdhury.)
Highlights of this Course
Course Description
This course studies basic concepts of financial and managerial reporting. The viewpoint is that of readers of financial and managerial reports rather than the accountants who prepare them.