Essentials of Accounting

Course Objectives

Accounting is a minimal requirement for business managers. The objective of this course is to provide students with fundamental knowledge and understanding of financial and managerial accounting, as well as the ability to make decisions based on accounting data.

In this course students students will:

  • Develop a general understanding of accounting
  • Learn how management strategies and/or business characteristics can be reflected in accounting data

This course is intended for those students who are interested in learning about the basics of financial and managerial accounting, or those who are have fragmentary knowledge of accounting and are hoping to build on it.

 

Course Details

Programs: Full-time MBA, Part-time MBA, Pre-MBA
Discipline: Accounting and Finance
Course Level: Fundamental Course
Required/Elective Courses: Elective Course
Number of Credits: 1.5
Report: No Report
Hours Per Class: 3 hours
Class Capacity: 35 (Part-time MBA)

 

Theme/Reading Materials

Day 1
Session A
THEME Measuring Business Activities through Financial Figures
CASE ・ Interactive Lecture: Accounting -2nd Edition-; Units 1 and 2
Session B
THEME Measuring Business Activities through Financial Figures (Continued)
CASE ・ Interactive Lecture: Accounting -2nd Edition-; Unit 3
 
Day 2
Session A
THEME Business Activities and Relations with Three Financial Statements
CASE ・ Interactive Lecture: Accounting -2nd Edition-; Unit 4
Session B
THEME Business Activities and Relations with Three Financial Statements (Continued)
CASE ・ Interactive Lecture: Accounting -2nd Edition-; Unit 5
 
Day 3
Session A
THEME Financial Ratio Analysis
CASE ・Interactive Lecture: Accounting; Unit 6
・Sample Financial Statements of two corporations (to be downloaded from your Student Portal or Student Page, depending on your student status)
Session B
THEME Financial Ratio Analysis (Continued)
CASE ・Financial Analysis of Saizeriya and Hiramatsu
 
Day 4
Session A
THEME Understanding Business Structures (1): Break-Even Analysis (Interactive Lecture)
CASE ・ Interactive Lecture: Managerial Accounting -2nd Edition-; Units 1 and 2-1 to 2-2
Session B
THEME Understanding Business Structures (2): Break-Even Analysis (Case Exercises)
CASE ・ Interactive Lecture: Managerial Accounting -2nd Edition-; Unit 2-3 to 2-5
 
Day 5
Session A
THEME Financial Projections (Case Exercises)
CASE ・ Outlook for Saizeriya’s Business  
・ Interactive Lecture: Managerial Accounting -2nd Edition-; Unit 3
Session B
THEME Designing and Implementing Control Systems (Interactive Lecture)
CASE ・ Interactive Lecture: Managerial Accounting —2nd Edition—; Unit 4
 
Day 6
Session A
THEME Comprehensive Exercises (Corporate Strategies and Financial Planning)
CASE ・ HEALTHY LIFE GROUP
Session B
THEME Comprehensive Exercises (Corporate Strategies and Financial Planning (Continued)
CASE ・ HEALTHY LIFE GROUP

 

If you wish to start from the Pre-MBA,

Tuition Fee per course: 126,000 yen
Please find more about the Pre-MBA Program

Course Schedule

Faculty

Akio Mori
Accounting and Finance
Throughout this course, I would like you all to gain more interest, excitement, and imagination toward business. Understanding accounting and tackling with financial analysis and strategy will surely help you to obtain perspectives from various players, including CEOs, lenders, equity investors and employees. At the end, you will have a wider basis of knowledge that will help you when making difficult decisions in the real world.
David Sigaty
Accounting and Finance
Mr. Sigaty began his career in public accounting in the United States. Since earning his CPA in California, he has spent the last thirty years in banking, investment banking, asset management, and insurance enterprises in Japan. He has had a variety of staff and management roles in accounting, credit and investment analysis, fixed income trading, risk control, and strategic planning. In recent years he has served as Asia/Pacific financial controller for a major investment bank, Japan CFO for a global asset management group, and CFO of a Japanese life insurance company.
Megumi Taoka
Accounting and Finance, Organizational Behavior and HRM, Specialization
"Mastering accounting as a common language of business has never been so relevant and exciting for us all. Accounting can serve as the global language, allowing us to travel anywhere and reach whomever we make business with. On the other hand, emotional intelligence, as the basis for effective organizational behavior, allows us to connect and collaborate on a deeper level. Interestingly, if you understand that accounting is merely a tool to translate basic human behaviors into numbers, you will see how nicely financial literacy and emotional intelligence complement each other in actual management practice. I get great joy out of conducting training in these two different but equally important MBA skills. Be prepared to be good at both, as that’s what it takes to be a leader."
Satoshi Ito
Accounting and Finance
During your studies at GLOBIS, it is important to keep clear goals in mind at all times. What you should aim to learn is not just academic knowledge, but practical skills and a mindset which can be used in real business situations. This is one of the core benefits of the GLOBIS MBA.

Faculty

Akio Mori
Akio Mori
Accounting and Finance
Throughout this course, I would like you all to gain more interest, excitement, and imagination toward business. Understanding accounting and tackling with financial analysis and strategy will surely help you to obtain perspectives from various players, including CEOs, lenders, equity investors and employees. At the end, you will have a wider basis of knowledge that will help you when making difficult decisions in the real world.
David Sigaty
David Sigaty
Accounting and Finance
Mr. Sigaty began his career in public accounting in the United States. Since earning his CPA in California, he has spent the last thirty years in banking, investment banking, asset management, and insurance enterprises in Japan. He has had a variety of staff and management roles in accounting, credit and investment analysis, fixed income trading, risk control, and strategic planning. In recent years he has served as Asia/Pacific financial controller for a major investment bank, Japan CFO for a global asset management group, and CFO of a Japanese life insurance company.
Megumi Taoka
Megumi Taoka
Accounting and Finance, Organizational Behavior and HRM, Specialization
"Mastering accounting as a common language of business has never been so relevant and exciting for us all. Accounting can serve as the global language, allowing us to travel anywhere and reach whomever we make business with. On the other hand, emotional intelligence, as the basis for effective organizational behavior, allows us to connect and collaborate on a deeper level. Interestingly, if you understand that accounting is merely a tool to translate basic human behaviors into numbers, you will see how nicely financial literacy and emotional intelligence complement each other in actual management practice. I get great joy out of conducting training in these two different but equally important MBA skills. Be prepared to be good at both, as that’s what it takes to be a leader."
Satoshi Ito
Satoshi Ito
Accounting and Finance
During your studies at GLOBIS, it is important to keep clear goals in mind at all times. What you should aim to learn is not just academic knowledge, but practical skills and a mindset which can be used in real business situations. This is one of the core benefits of the GLOBIS MBA.