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Program 201, Foundations of Financial Management Program Description.
This program provides an overview of the basic concepts, standards, and practices of financial reporting. It explains the data generated by a financial accounting system and how that data is utilized within an enterprise. Topics include transaction analysis, measurement problems, discounting techniques, and capital budgeting.

Program Objectives.
Upon completion of this program, students will acquire professional in-demand skills and will be able to:

  • Prepare and present a financial analysis based on accounting data.
  • Apply the basic techniques of budgeting and financial forecasting.
  • Identify mistakes, problems, and issues in financial reporting documents.
  • Discuss the business opportunities and obstacles presented by data generated by financial accounting systems.
Textbook

Textbook Foundations of Financial Management
by Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
McGraw-Hill
17th edition

About the authors
Stanley B. Block is a professor of financial management and investments at Texas Christian University, where he received the Burlington Northern Outstanding Teaching Award and the M. J. Neeley School of Business Distinguished Teaching Award. He has served as president of the Southwestern Finance Association. Professor Block holds a Ph.D. from LSU. In 2001, his former students established the Dr. Stan Block $1.5 Million Endowed Chair in Finance at Texas Christian University. He was selected as the university’s outstanding professor.
Geoffrey A. Hirt is Professor of Finance at DePaul University and Director of Equity Research at Mesirow Financial. He received his Ph.D. in Finance from the University of Illinois at Champaign-Urbana. He was Chairman of the Finance Department at DePaul University. His textbooks are used at over 600 colleges and universities worldwide.
Bartley R. Danielsen is a professor at North Carolina State University. He received his Ph.D. in financial economics from the University of Florida. As a Certified Public Accountant, he has provided financial consulting services to numerous multinational companies.

About the Publisher
McGraw-Hill Education is one of the "big three" educational publishers. Their partnerships expanded to over 14,000 authors, including more than 50 Nobel laureates. The company offers products and services to over 135 countries in 60+ languages. Based on the growing demand for classroom technology, McGraw-Hill began offering digital products alongside traditional print products. These systems allow personalized learning and can progress through lessons most effectively.

 

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