GBPGBP (Global Business Program)

This course is designed to provide a basic understanding of accounting, including introductory accounting concepts, principles, and procedures. Specific attention will be devoted to the four financial statements and frameworks for understanding them, as well as ways in which to prepare financial data. Students will be expected to apply these skills to the analysis of real companies, and to interpret their respective financial statements accordingly. These cases will enable students to grasp the importance of accounting knowledge in the business world, to understand current events in terms of accounting measurements, and to communicate effectively with other professions.

Upon successful completion of the course, students should be able to:
- Analyze a company’s financial statements
- Describe conclusions about profitability, efficiency, liquidity, and solvency
- Record basic debt-credit journal entries and prepare a set of financial statements

This course is strongly related to the "DP1-2" and "DP2-1" diploma policies and fairly related to the "DP1-1" and "DP2-2" policies.

英語 / English

- In case it is difficult to hold classes in the classroom due to COVID-19 or natural disasters, we will keep holding the classes using Zoom. The recorded lessons will be available until the end of the class.
- After the review, new topics are explained by the instructor, followed by group discussions and/or case analysis. Active participation is strongly recommended especially during discussions and analysis.
- Japanese company financial statements are used in case analysis.
- Questions and comments are welcomed at any time on the Zoom and Google Classroom.
- Feedback on questions from students is provided verbally during class.

あり / Yes

なし / No

授業形態/methods of teaching：対面/face to face

※各回の授業形態は予定です。教員の指示に従ってください。

Week1[オンライン/online]：Introduction

- Basic concepts of accounting
- The four financial statements

Week2[対面/face to face]：Basic concepts of financial statement

- Basic financial analysis ratios,
- Accounting principles and standards

Week3[オンライン/online]：Balance sheet 1

- Assets
- Liabilities
- Shareholders’ equity

Week4[対面/face to face]：Balance sheet 2

- Liquidity and solvency ratio
- Trend and common-size analysis for balance sheet

Week5[オンライン/online]：Income statement 1

- Expenses
- Revenue

Week6[対面/face to face]：Income statement 2

- Profitability ratio
- Trend and common-size analysis for income statement

Week7[オンライン/online]：Intermediate exam

- Balance sheet
- Income statement
- Liquidity, solvency and profitability ratio

Week8[対面/face to face]：Statement of stockholders’ equity 1

- Common and preferred stock
- Par value and additional paid in capital

Week9[オンライン/online]：Statement of stockholders’ equity 2

- Retain earnings
- Treasury stock

Week10[対面/face to face]：Statement of cash flows 1

- Operating, investing and financing activities
- Direct and indirect method for computing cash flow

Week11[オンライン/online]：Statement of cash flows 2

- Interpret cash flow
- Trend and common-size analysis for cash flow

Week12[対面/face to face]：Inventory and property, plant and equipment 1

- Cash and cash equivalents
- Account receivable

Week13[オンライン/online]：Inventory and property, plant and equipment 2

- Inventory
- Property, plant, and equipment

Week14[対面/face to face]：Accounting cycle

- 10 steps of accounting cycle
- Debt-Credit journal entries

Students are expected to spend an average of four hours preparing for this class, including answering assignments for each class.
• Readings and/or problems are assigned for each class. You should come to class prepared to discuss your analysis of the cases and its underlying problems. Regular class participation is critical to the learning process for both you and your classmates.
• Additional assignments will either be discussed in class or presented as additional cases for your benefit. I will disclose assignments for class discussion prior to their respective lectures.

Nothing in particular however, students are welcome to access topics concerning this course and its objectives in other related texts. The instructor is at liberty to provide further materials during the course of instruction.

Schoenebeck, K. P., & Holtzman, M. P. (2012). Interpreting and analyzing financial statements. Pearson Higher Ed.(6th Edition)

Grades will be distributed according to the following weights:
Class Participation 30%
Midterm exam1 20%
Midterm exam2 20%
Final Exam 30%

I will cover less topics than last year to give more time to each to be covered.

Please note that if the number of students attending the first lesson significantly exceeds expectation, the number of students who are allowed to register for the course will be limited in order to effectively manage the class. For this reason, if you are planning to take this course, you need to attend the first lesson.

None.