This course provides an introduction to accounting systems, financial reporting and budgeting for business and non-profit organizations around the world. Students develop a knowledge base of (a) the elements of and relationships within accounting information systems and the primary financial statements (balance sheet, income statement and statement of cash flows), and (b) the informational needs within a business for costing, pricing, budgeting, and investing, and (c) measuring financial performance in the context of the evolving sustainability imperative.
Students will research, summarize, and present the sustainability metrics and initiatives of leading public firms in an industry of their choice (as defined by 80% or more of the sales in that industry code). Students also apply sustainability metrics during their evaluation of GSSE enterprise opportunities, many of which are carried out in lesser developed countries. Opportunities are evaluated as investment and/or venture funding opportunities, with a view towards the potential for triple bottom-line results. Upon completion, GSSE students will be able to measure economic, environmental, and social performance of an enterprise.