Middlebury

INTD 0116

Accounting/Budgeting/Lib Arts

Accounting, Budgeting, and the Liberal Arts
Accounting is the lingua franca of commercial and financial activity, and applies equally to corporations, non-profits, and governments. In this course we will learn the basic concepts and standards underlying the accounting language including: revenue recognition, inventory, long-lived assets, present value, long-term liabilities, and financial statements. We then turn to the application and use of accounting information in forecasting, operating, and measuring an enterprise. These managerial accounting concepts are used to develop budgets and evaluate results. Our understanding of accounting and financial statements is needed to understand how business interrelates with society. The major course project will be developing an Excel financial model; no prior Excel experience required. 3 hrs. lect., 3 hr. lab (not open to students who have taken INTD 0316).
Subject:
Interdepartmental
Department:
Interdepartmental
Division:
Interdisciplinary
Requirements Fulfilled:
Equivalent Courses:
ECON 0316
INTD 0316

Sections in Spring 2021, School Abroad Russia (Moscow)

Spring 2021

INTD0116A-S21 Lecture (Magri)
INTD0116Z-S21 Discussion (Magri)