MIT OpenCourseWare

Browse materialsMIT 15.501 · Spring 2004

Introduction to Financial and Managerial Accounting

Subjects: Finance · Management

Art: Gaston, John, (John Gaston merchant ledger) - DPLA -…, 1773 · Public domain

Instructor: Prof. Sugata Roychowdhury
Term: Spring 2004
Level: Undergraduate
What's inside: 1 lecture note · 1 reading · 54 other files · 4 web pages
Materials open: MIT OCW

Start here

Start course: Lecture 1: Overview of the course, Administrative matters…Find a topic

Progress is saved in this browser.

Export or import progress

About this course

Source: MIT OpenCourseWare 15.501 Introduction to Financial and Managerial Accounting, Spring 2004, Prof. Sugata Roychowdhury — original course page on ocw.mit.edu ↗. License: CC BY-NC-SA 4.0. Study order: MIT's own listing order, section by section. Taken from MIT's published course files, downloaded from ocw.mit.edu on September 23, 2026. How RedLectern is built.

Materials are grouped the way MIT organized them. A verified, course-wide order has not been established here.

Has MIT solutions 15 files in this course are named by MIT as solutions.

Formula sheet

Financial Statement Formulas (Balance Sheet, Income Statement, Cash Flow, Owners' Equity)

License: CC BY-NC-SA 4.0 · MIT

All formula sheets →

Before you start

Prerequisites are not listed here. Check MIT's own syllabus for this course.

How this course was organized

What's here, and what isn't

A lecture sequence of 26 items is confirmed. Assignment and exam materials exist too, but MIT's own order for them could not be verified, so they're shown as materials below rather than a sequence.

Not included here

2 items from the source could not be safely included:

Referenced in a table, but without MIT's own verified order, so it isn't used to claim a sequence. (2 items)

Materials by section

Grouped by section, as MIT organized them. Not sequenced or ordered.

Lecture Notes

22 files

Assignments

14 problem sets

Exams

15 files

Other materials from this course

MIT OpenCourseWare, Prof. Sugata Roychowdhury, 15.501 Introduction to Financial and Managerial Accounting, Spring 2004.

License: CC BY-NC-SA 4.0 · Edition: Spring 2004 · Open the original course on OCW ↗

Organized by RedLectern, independent of MIT and not endorsed by MIT.

Per-resource rights are recorded on each resource; All-Rights-Reserved items are link-only, never mirrored.

Introduction to Financial and Managerial Accounting

Formula sheet

Before you start

What's here, and what isn't

Not included here

Materials by section

Lecture Notes

Assignments

Exams

Other materials from this course

Lecture 1: Overview of the course, Administrative matters, Discussion of Accounting Framework

Lecture 2: The Balance Sheet and the Recording of Transactions

Lecture 3: The Income Statement and Principles of Accrual Accounting

Lecture 4: The Income Statement and Principles of Accrual Accounting (cont.)

Lecture 5: The Accounting Process

Lecture 6: Revenue Recognition

Lecture 7: Revenue Recognition (cont.)

Lecture 8: Inventory/Cost of Goods Sold

Lecture 9: Statement of Cash Flow

Lecture 10: More on the Statement of Cash Flows/Exam Review

Lecture 11: First Exam

Lecture 12: Long-term Assets/Depreciation (Deferred Taxes)

Lecture 13: Matching Principle for PP&E

Lecture 14: Marketable Securities (Deferred Taxes)

Lecture 15: Marketable Securities, Time Value of Money

Lecture 16: Long Term Debt

Lecture 17: Leases and Off-Balance Sheet Financing

Lecture 18: Current Liabilities and Contingencies

Lecture 19: Midterm 2 Review

Lecture 20: Second Exam

Lecture 21: Intangibles and Business Combinations

Lecture 22: Introduction to Cost Concepts

Lecture 23: Indirect Allocation of Costs, Destin Brass

Lecture 24: ABC, Destin Brass

Lecture 25: Managerial Accounting Wrap-up, Seligram Discussion

Lecture 26: Course Review/Wrap-up