This course is designed to provide a broad base coverage of issues related to accounting, such as: basic accounting concepts & their applications to businesses, capital raising, short-term & long-term financial planning, managerial accounting principles & concepts, management planning & control, as well as taxation that are relevant to (future) business owners and entrepreneurs. Business owners and entrepreneurs need the general foundation to help plan and control business operations and finance as well as discussing and negotiating with other stakeholders of the business. This module is suitable for students who do not have prior knowledge in accounting and business. Therefore, this module may also act as a stimulator for students to pursue more advance courses in accounting and finance related topics available in SMU.
All School of Accountancy courses are designed to meet certain learning goals and objectives. Some learning goals are addressed at course level, some at program level. This course specifically contributes to the development of the following course level learning goals:
LG1.1 Our students can recognize, develop, measure, record, validate and communicate financial and other related information.
LG1.2 Our students can analyze, synthesize and evaluate financial and other related information for decision making in a management context. LG2.1 Our students understand and can apply business concepts and principles. LG2.2 Our students can communicate effectively in a business context. LG2.3 Our students can understand the principles of leadership and team building in a business context. LG3.1 Our students can recognize and incorporate ethical and social responsibility considerations in decision making.
Students are expected to demonstrate the following technical abilities upon completion:
In addition, learning outcomes should be beyond just technical proficiencies. In particular, this course seeks to develop certain skills and attributes.