12/27/2024 11:09:33 AM	BMG 66.3 Course Outline as of Fall 2009	Changed Course
CATALOG INFORMATION
Discipline and Nbr:  BMG 66.3	Title:  FINANCIAL BASICS
Full Title:  Financial Basics
Last Reviewed:10/14/2013

Units		Course Hours per Week			Nbr of Weeks	Course Hours Total
Maximum	1.00	Lecture Scheduled	1.00		17.5 max.	Lecture Scheduled	17.50
Minimum	1.00	Lab Scheduled	0		2 min.	Lab Scheduled	0
		Contact DHR	0			Contact DHR	0
		Contact Total	1.00			Contact Total	17.50
		Non-contact DHR	0			Non-contact DHR Total	0

Total Out of Class Hours:  35.00

Total Student Learning Hours: 52.50

Title 5 Category:  AA Degree Applicable
Grading:  Grade or P/NP
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly: 

Catalog Description:

This course introduces the concepts of finance and accounting for the non-financial manager.  Topics include financial analysis tools, financial decision-making, ratios, and cash budgets.  

Prerequisites/Corequisites:

Recommended Preparation:
Eligibility for ENGL 100 or ESL 100

Limits on Enrollment:

Schedule of Classes Information
Description:

This course introduces the concepts of finance and accounting for the non-financial manager.  Topics include financial analysis tools, financial decision-making, ratios, and cash budgets.  

(Grade or P/NP)
Prerequisites:
Recommended:Eligibility for ENGL 100 or ESL 100
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:		Effective:		Inactive:
Area:
CSU GE:	Transfer Area			Effective:	Inactive:
IGETC:	Transfer Area			Effective:	Inactive:
CSU Transfer:	Transferable	Effective:	Fall 1998	Inactive:	Fall 2019
UC Transfer:		Effective:		Inactive:
C-ID:

Certificate/Major Applicable: Both Certificate and Major Applicable

COURSE CONTENT

Outcomes and Objectives:
At the conclusion of this course, the student should be able to:

Upon completion of the course, students will be able to:

1. Define terminology used in financial and managerial accounting.

2. Explain timing differences between cash flow and profit measurement.

3. Interpret financial statements.

4. Use financial analysis tools, ratios, and indicators and interpret

   their financial performance.

5. Analyze and evaluate the budgeting process.

6. Evaluate the ethical consequences of financial decision making.  

Topics and Scope

1.  The terminology used to identify managerial and financial accounting

   activities.

2.  Accrual and cash accounting.

3.  Accounting systems, internal control and audits.

4.  Measuring cash flow, and net income.

5.  Analysis and interpretation of financial statements.

   a. Ratios analysis.

   b. Vertical analysis.

   c. Horizontal analysis.

6.  Budgeting.

   a. Operational budgets.

   b. Cash budgets.

   c. Capital budgeting.

7.  Ethics and decision making.  

Assignments:

1. In-class written assignments.

2. Homework.

3. Group activities.

4. Role-playing.

5. Workbook exercises.

6. Case studies.

7. Skill demonstrations.

8. Participation in classroom activities.

9. Examination(s).  

Methods of Evaluation/Basis of Grade.

Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.		Writing 25 - 35%
Written homework, In-class written assignments, short essay question
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 20 - 25%
problem solving in groups, workbook exercises
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.		Skill Demonstrations 20 - 40%
Class performances, Role playing
Exams: All forms of formal testing, other than skill performance exams.		Exams 1 - 20%
Multiple choice, True/false, Short essays
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 10 - 30%
Participation in classroom activities

Representative Textbooks and Materials:

Instructor-prepared materials.

ACCOUNTING AND FINANCE FOR NON-SPECIALISTS, by Peter Atrill and Eddie

McLaney. Published by Prentice Hall, copyright 2000.  

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