ACCTMIS2200: Financial Accounting Syllabus
for Autumn
, ACCTMIS2200: Introduction to Financial Accounting
Autumn 2025
M/W 9:35 – 10:55 (Gerlach 208)
M/W 11:10 – 12:30 (Gerlach 245)
Professor: Katie Lem
Email:
Office Hours: Mondays 3:00-4:00pm & by appointment
Location: Fisher Hall 446
Teaching Assistant: Alex Lose
Email:
Office Hours: Thursdays 11:00am-12:00pm
Location: Gerlach 250
Course Description and Learning Objectives
ACCTMIS2200 is designed to provide an overview of financial accounting and reporting. This course
provides students with familiarity with the mechanics of accounting, how accounting information can be
used in decision-making, and the role of accounting in business and more generally, in society. By the end of
this course, you should be able to:
Interpret financial statements and financial statement accounts
Construct financial statements by using the double entry system of accounting
Evaluate the appropriate accounting rules that apply to different business scenarios
Calculate the impact that economic events have on the financial statements
Explain financial statement concepts and connect these concepts to the business world today
Course Structure
This course consists of a lecture component and a practice component, both of which are vital to the learning
objectives. For most topics, each lecture will be followed by a practice session. Note: Please attend the
sections you are registered for.
Lectures: Lectures will be held during the scheduled class time on Mondays or Wednesdays (refer to the
course schedule for details). Lecture slides will be posted before each class on canvas. I suggest you print or
download the blank lecture slides before each class and use them to take notes.
Practice Sessions: Following each lecture, applied practice sessions will be held during the next scheduled
class period. These are denoted as “[Practice]” in the course schedule. During these classes, you will work
collaboratively through problem sets in small groups and take turns presenting your solutions to the class.
Solutions will be posted after each session.
Carmen Textbook (Required): We will use Financial Accounting 12th Edition by Libby, Libby, and Hodge as
our text. Each topic we cover will have assigned reading out of the textbook. I highly encourage you to
complete the reading before each topic’s practice session.
for Autumn
, ACCTMIS2200: Introduction to Financial Accounting
Autumn 2025
M/W 9:35 – 10:55 (Gerlach 208)
M/W 11:10 – 12:30 (Gerlach 245)
Professor: Katie Lem
Email:
Office Hours: Mondays 3:00-4:00pm & by appointment
Location: Fisher Hall 446
Teaching Assistant: Alex Lose
Email:
Office Hours: Thursdays 11:00am-12:00pm
Location: Gerlach 250
Course Description and Learning Objectives
ACCTMIS2200 is designed to provide an overview of financial accounting and reporting. This course
provides students with familiarity with the mechanics of accounting, how accounting information can be
used in decision-making, and the role of accounting in business and more generally, in society. By the end of
this course, you should be able to:
Interpret financial statements and financial statement accounts
Construct financial statements by using the double entry system of accounting
Evaluate the appropriate accounting rules that apply to different business scenarios
Calculate the impact that economic events have on the financial statements
Explain financial statement concepts and connect these concepts to the business world today
Course Structure
This course consists of a lecture component and a practice component, both of which are vital to the learning
objectives. For most topics, each lecture will be followed by a practice session. Note: Please attend the
sections you are registered for.
Lectures: Lectures will be held during the scheduled class time on Mondays or Wednesdays (refer to the
course schedule for details). Lecture slides will be posted before each class on canvas. I suggest you print or
download the blank lecture slides before each class and use them to take notes.
Practice Sessions: Following each lecture, applied practice sessions will be held during the next scheduled
class period. These are denoted as “[Practice]” in the course schedule. During these classes, you will work
collaboratively through problem sets in small groups and take turns presenting your solutions to the class.
Solutions will be posted after each session.
Carmen Textbook (Required): We will use Financial Accounting 12th Edition by Libby, Libby, and Hodge as
our text. Each topic we cover will have assigned reading out of the textbook. I highly encourage you to
complete the reading before each topic’s practice session.