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IU · Course
3 credits · Business (Kelley) (BUS)
This course focuses on providing you with a deeper understanding of the conceptual foundations and mechanics of financial reporting, which are critical to the preparation and analysis of financial statements. The content emphasizes the importance of firms’ economic transactions and business activities and how financial reporting is used to capture the results of such activities. We focus specifically on the identification, measurement, and reporting of the liabilities and stockholders' equity side of the balance sheet, along with the corresponding revenues and expenses on the income statement. Credit not given for both BUS-A 312 and BUS-A 310.
Official course information from Kelley School of Business course catalog · Last checked Oct. 2026. Being in the catalog doesn't mean it's offered every term. Ratings and reviews are from College Actually students. College Actually is independent and not affiliated with Indiana University.
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