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Woods College of Advancing Studies

Accounting

FALL 2016

ADAC 104801  Personal Finance
Course provides an overview of all aspects of personal financial management including budgeting, retirement planning, life and health insurance, income taxes, auto and real estate transactions, estate planning and personal investments (stocks, bonds and mutual funds.) Challenging market conditions over the past years, financial, housing and economic crisis, excessive risk taking and the unraveling of Ponzi schemes (such as Madoff) have highlighted the need for all investors to better understand and manage their personal finances in order to make prudent decisions and leverage increasingly sophisticated and complex
financial products. Course provides a foundation to further one’s knowledge and understanding of a broad range of personal finance topics.
Mon 6:15–9:15, Aug 29–Dec 12, Vincent Starck

ADAC 108101  Financial Accounting
The basic accounting course. Financial statements, fundamental accounting concepts, procedures, terminology and contemporary financial reporting are introduced using state-of-the-art business software.
Tues 6:15–9:15, Aug 30–Dec 13, Jason Williams

ADAC 308401  Intermediate Accounting II
Measurement and reporting of liabilities, stockholder’s equity, intercorporate investments, business consolidations and a thorough analysis of cash flow reporting are studied.
Wed 6:15–9:15, Aug 31–Dec 14, The Department

ADAC 350001  Audit
This course is designed to provide an introduction to auditing. The objectives include understanding the principle thought process behind an audit and the practices used by public accountants in examining financial statements and supporting data. The course will cover the processes related to audit planning and the basic procedures in the execution of an audit. The course will also address other types of audits including reviews of borrowing base certificates.
Thurs 6:15–9:15, Sept 1–Dec 15, Sabrina Basu


ADAC 500001  Accounting and Financial Analysis I
Financial statements, fundamental accounting concepts, procedures, terminology and contemporary financial reporting are introduced using state-of-the-art business software. The course also develops a user perspective to accounting to better understand what the numbers say. It explores the accounting cycle, the various statements that are the product of the process and the implications that data carry. It reviews areas where alternative methods of reporting are allowed. This course is designed for those using, not preparing data. Little or no formal accounting background is needed.
Mon 6:15–9:15, Aug 29–Dec 12, John Glynn



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