ACC 5855 Corporate Accountability

This course explores the present and future of corporate accountability and examines the decreasing relevance of some financial accounting methods in recent years. Students will examine the reasons for this change, including the explosion of intangible assets as a source of firm value, and identify the increasing demands of investors for additional and more relevant corporate disclosures. The course discusses various emerging practices in accounting, including sustainability reporting, non-GAAP metrics, the Strategic Resources Report, and Integrative Financial Statements, alongside traditional metrics. Because measurement of financial metrics is at the core, the course relies on data collection, cleaning, and statistical modeling of relationships between accounting and financial variables across firms. Prerequisite(s): FIN 5745 and IDS 5420.

Credits

3