Skip to main content
The University of Massachusetts Amherst

ST-Foundation of Accounting


In this course students will learn to prepare and interpret the three major components of the corporate annual report: the Balance Sheet, the Income Statement, and the Statement of Cash Flows. The underlying accounting model that produces these statements will be critically reviewed; both its strengths and limitations will be evaluated. Additionally the role of popular ratios in forecasting firm profitability, risk, and liquidity are considered. Student will gain this knowledge through homework assignments, discussion questions, and an integrative case analysis. This course is a prerequisite for Financial and Managerial Accounting SCH-MGMT 633.
Course Details

Fall 2021


Sep 1, 2021 - Oct 16, 2021
Base Cost: $900 ($900/credit)
Term Fee: $50
Start date: Sep 01, 2021
End date: Oct 16, 2021
Last day to add: Sep 05, 2021
Last day to drop: Sep 05, 2021
Last day to withdraw: Sep 24, 2021