A conceptual framework for financial accounting. (Diagram by Prof. G. Peter Wilson.)
Instructor(s)
Prof. George Plesko
MIT Course Number
15.514
As Taught In
Summer 2003
Level
Graduate
Course Description
Course Features
Course Highlights
Helping students achieve the five course challenges is a thorough set of lecture notes, complemented by class overviews and necessary handouts. A complete quiz and midterm exam are also available, with solutions.
Course Description
15.514 is an intensive introduction to the preparation and interpretation of financial information for investors (external users) and managers (internal users) and to the use of financial instruments to support system and project creation. The course adopts a decision-maker perspective on accounting and finance with the goal of helping students develop a framework for understanding financial, managerial, and tax reports. 15.514 is restricted to System Design and Management students.
Acknowledgements
Acknowledgement 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)