Contacts: Kerry Parke, kparke@hbs.edu, (617) 495-6931
Allison Monro, amonro@hbsp.harvard.edu, (617) 783-7656
HARVARD BUSINESS SCHOOL PUBLISHING RELEASES NEW ONLINE COURSE FOR FINANCIAL ACCOUNTING
BOSTON - Harvard Business School Publishing (HBSP) today announced the release of Financial Accounting: An Introductory Online Course. Originally created as a pre-matriculation requirement for students entering the Harvard Business School MBA program, the newest addition to the full line of HBSP multimedia learning products provides individuals with an introduction to financial accounting in a management context.
Designed, developed, and tested by HBS faculty working in conjunction with the School’s Information Technology Group, Financial Accounting is now available for business programs worldwide and can be used as part of an introductory accounting course at the undergraduate, MBA, or executive level, replacing the early chapters of an introductory accounting text book. It can also serve as a self-study or reference tool, and its online delivery makes it ideal for a distance learning course. Financial Accounting requires approximately 10-12 hours to complete for students with limited accounting experience, and a teaching note detailing how to facilitate the course is available for authorized faculty.
Financial Accounting presents accounting concepts through the key business activities of “Global Grocer,” a fictional small retail franchise specializing in gourmet foods and specialty kitchen implements. Through a dynamic combination of voice, graphics, and text, it presents Global Grocer’s launch and subsequent operation. Its business activities are then recorded and captured in its financial statements. A comprehensive glossary and help section are included, along with practice problems and optional pre- and post-tests. Users gain an understanding of:
- Basic financial accounting terms and concepts;
- Financial statements – balance sheet, income statement, statement of cash flows;
- Methods for constructing these statements; and
- Simple ratios that capture key elements of firm performance.
Faculty wishing to preview Financial Accounting (Product #105708) can call HBSP customer service for access: 800-545-7685 (outside U.S. and Canada, 617-783-7600). Other HBSP online courses currently available include IT Concepts: An Online Course, and Quantitative Analysis: An Introductory Online Course. The process of previewing, adoption, and delivery is simple. To learn more, visit http://multimediatools.hbsp.harvard.edu
Product Authors
David F. Hawkins, Lovett-Learned Professor of Business Administration at HBS, teaches the first-year MBA course, Financial Reporting and Control. He has written numerous award-winning cases, articles and books.
Paul M. Healy, James R. Williston Professor of Business Administration at HBS, is the coauthor (with Professors Krishna G. Palepu and Victor Bernard) of a leading financial analysis textbook, Business Analysis and Valuation. His primary teaching interests include corporate financial reporting and analysis, corporate governance, and corporate finance.