Credit Hours: 3.00. The two primary objectives are to teach the skills to produce financial information-to send the relevant signals to decision makers; and to teach the skills to interpret the financial report-to receive the signals. To meet these objectives the students will gain an understanding of the reasoning behind the processes used to record financial information and the manner in which it is reported to external decision makers; gain an understanding of the four basic statements; and an understanding of the importance of financial statement information in interpreting the performance of organizations. (Not a prerequisite for MGMT 20100.)Typically offered Fall Spring Summer.