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      • Master of Science in Community Medicine
      • Master of Science in Human Genetics and Genetic Counseling
      • Master of Science in Human Genetics and Genomic Data Analytics
      • Master of Science in Medical Device Engineering
      • Master of Science in Physician Assistant Studies
      • Master of Science in Translational Medicine
      • Postbaccalaureate Premedical Certificate
      • Postbaccalaureate Pre-PA Certificate
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      • Bioprocessing Summer Undergraduate Internship Training and Education
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      • Careers Beyond the Bench: Biotech Industry Summer Program
      • Clinical Genetics and Bioinformatics Summer Program
      • High School Summer STEM
      • Managing Science in Biotech for Postdocs
      • Medical Device Development Bootcamp
      • PA Summer Success Program
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      • Pre-Pharmacy Enrichment Program
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      • Amgen Bioprocessing Center
      • Center for Biomarker Research
      • Center for Rare Disease Therapies
      • Center for Training in Applied Genomics
      • Science Heritage Center
    • Lab Safety & Support
      • Institutional Laboratory Support
      • Lab Safety Plans
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      • Club/Org Event Calendar
      • Commencement
      • Orientation
      • White Coat Ceremony
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      • Tuition Rates
      • Important Dates
      • Payments, Refunds, Late Fees
      • Student Accounts FAQ
      • 1098T FAQ
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MEB 350
Financial Accounting

Semester: Fall
Credit(s): 1.5
Instructor(s): Yun Liu
More information
  • Description
  • Pre-Requisites
  • Learning Objectives

MEB 350 is a half course survey of Financial Accounting. Accounting is frequently referred to as the “language of business,” and thus, is an essential tool for all managers who strive to be effective communicators. MEB 350 involves the study of accounting from the perspective of the data user (an investor, manager, or lender), not the data provider (controller, CPA, etc.). Because of the breadth of this course, it is not reasonable to expect a student to master the subject matter. Instead, the goal of the course is to gain an appreciation and understanding of the topics covered. This does not mean that the technical aspects of accounting will be ignored, but rather that they will not be the central focus of learning. The educational goal of MEB 350 is for each student to become a competent user of accounting information. Students will learn how to interpret, understand, and use the basic financial statements. As part of this learning process, we will investigate the various rules utilized in the preparation of financial statements, the flexibility that exists in the application of these rules, the possible incentives that corporate managers face when selecting the various rules to apply, and the alternative outputs that result from these accounting policy choices.

Must be enrolled in MEng program

After completing this course, students should be able to:

  • Develop income statements, balance sheets and cash flow statements from raw data
  • Use basic accounting concepts to evaluate a firm’s financial strength
  • Assess the impact of various business events on a firm’s financial statements
  • Correctly calculate and interpret financial ratios

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