Middlebury

INTD0116A-F22

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).
Course Reference Number (CRN):
91612
Subject Code:
INTD
Course Number:
0116
Section Identifier:
A

Course

INTD 0116

All Sections in Fall 2022

Fall 2022

INTD0116A-F22 Lecture (Magri)