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Introduction to Financial and Managerial Accounting

Course Summary

This course is based on 15.501 / 15.516 Introduction to Financial and Managerial Accounting, Spring 2004 made available by Massachusetts Institute of Technology: MIT OpenCourseWare under the Creative Commons BY-NC-SA license.
This course covers the basic concepts of financial and managerial reporting. The the emphasis is on the viewpoint of readers of financial and managerial reports rather than the accountants who prepare them.

Reading Material

1. Financial Accounting in an Economic Context
Pratt, J. Financial Accounting in an Economic Context. 5th ed. Cincinnati, Ohio: John Wiley & Sons, 2003. ISBN: 0470000465

Course Material

1. Assignment Questions and Solutions
Problem Set 1 (PDF ) - Solution (PDF)
Problem Set 2 (PDF) - Solution (PDF)
Problem Set 3 (PDF) - Solution (PDF)
Problem Set 4 (PDF) - Solution (PDF)
Problem Set 5 (PDF) - Solution (PDF)
Problem Set 6 (PDF) - Solution (PDF)
Problem Set 7 (PDF) - Solution (PDF)

2. Exam Questions and Answers
Final Exam Fall 2002 (PDF) - Solution (PDF)
Midterm I Fall 2003 (PDF) - Solution (PDF)
Midterm II Fall 2003 (PDF) - Solution (PDF)
Final Exam Spring 2003 (PDF) - Solution (PDF)
Midterm I Spring 2004 (PDF) - Solution (PDF)
Midterm II Spring 2004 (PDF) - Solution (PDF)
Final Exam Spring 2004 (PDF) - Solution (PDF)

Other Resources

1. Financial accounting: An Introduction
Aidan Berry, Financial accounting: An Introduction, Edition: 2, Published by Cengage Learning EMEA, 1999, ISBN 186152479X, 9781861524799
(Click the button below to see a preview of the book)

2. Financial Accounting
Tulsian, Financial Accounting, Published by Tata McGraw-Hill, 2006, ISBN 0070620458, 9780070620452
(Click the button below to see a preview of the book)

3. Introduction to financial accounting
Christopher Nobes, Introduction to financial accounting Edition: 3, Published by Routledge, 1992, ISBN 0415087783, 9780415087780
(Click the button below to see a preview of the book)


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