Through this course, you will start by addressing the two “big questions” of accounting: “What do I have?” and “How did I do over time?” You will see how the two key financial statements – the balance sheet and the income statement - are designed to answer these questions and then move on to consider how individual transactions aggregate to make up these financial statements. After developing a broad understanding of accounting and financial statements, you will begin to develop a more nuanced understanding of individual components of doing business, such as making a sale or building inventory. By considering many of the more common actions of a company, you will build your understanding of accounting, and explore these concepts by applying them across various types of transactions. Once you understand these individual concepts better, you will be ready to return to the overall financial statements and use them as informational tools, including building ratios.
ミシガン大学（University of Michigan）
The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.
What are the various ways in which I can take this course?
You can do this course standalone or to qualify for the residential component of the Finance for Strategic Decision-Making Executive Education program.
Q. What is the Finance for Strategic Decision-Making Executive Education program?
The Finance for Strategic Decision-Making Executive Education program is a hybrid learning opportunity consisting of two digital courses in Accounting and Finance and a companion in-person experience working hands-on with the faculty and your classmates with data and real world problems to identify solutions and opportunities. With this new blended learning program, Michigan Ross is the 1st to combine the ease of access via digital learning with a unique, in-person direct application experience, all with the rigor expected from a globally top ranked business school. You will have to earn a verified certificate in the course to be eligible for the face-to-face program at the Ross School of Business. To learn more, visit http://michiganross.umich.edu/financestrategy.
Why is the pricing of the verified certificates different from the Finance course?
The pricing of the verified certificate is different depending on whether the course is stand alone, as is the case with the Accounting course, or if the course is part of a Specialization, as is the Finance course. All specializations are offered on a monthly subscription model.
For the Finance for Strategic Decision-Making Executive Education program, do I need to to take the courses in any particular order?
While the online courses can be taken in any order, generally completion of the Accounting course is recommended before the Finance portion as the application of concepts of Accounting are helpful to completing the Finance course.
What would I gain from taking the Strategic Decision-Making Executive Education program?
You will gain:
-An understanding of the structure of accounting information that is used to make decisions
-Comfort in using financial statement information to analyze a situation.
-The ability to synthesize information from various sources to develop a deeper understanding of a situation
-The skills to analyze financial ratios as well as creating ratios and metric that are custom to the issue you are studying
-A deep understanding of analytical and financial frameworks to make value-enhancing decisions
-The ability to conduct detailed and rigorous valuation analyses of both projects and companies
-Comfort in understanding the financial analyses conducted by colleagues in your organization in proposals and critiques