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		<p style="margin:0;">15.514 is an&nbsp;intensive introduction to the preparation and interpretation of financial information for investors (external users) and managers (internal users) and to the use of financial instruments to support system and project creation. The course adopts a decision-maker perspective on accounting and finance with the goal of helping students&nbsp;develop a framework for understanding financial, managerial, and tax reports. 15.514 is&nbsp;restricted to System Design and Management students.</p><br><h2>Acknowledgements</h2><br><p>Acknowledgement is hereby given to Professor G. Peter Wilson for his authorship of the following content in this course:</p><br><ul><br><li>The Five Challenges (see Syllabus and Lecture 1)</li><br><li>"What Do Intel and Accountants Have in Common?" (see Lecture 1)</li><br><li>A Conceptual Framework for Financial Accounting (see Lecture 1)</li><br></ul></div> <br>        			</div><br>       			<br>        		<br>   			<br>      <br>     		<h2><br>                <a href="#related">Related Content</a>        <br>          	</h2>          <br>        		<br>        		<br>        			<div id="related">  			 <br>            			<div><h2 class="subhead">Course Collections</h2><p>See related courses in the following collections:</p><h3 class="subsubhead">Find Courses by Topic</h3><ul><li><a href="/courses/find-by-topic/#cat=business&subcat=management">Management</a></li><li><a href="/courses/find-by-topic/#cat=business&subcat=accounting">Accounting</a></li><li><a href="/courses/find-by-topic/#cat=business&subcat=finance">Finance</a></li></ul></div>             <br>     	    		</div><br>        		<br>   			     <br>   		</div> 	<br> </div><br> <br> 	<script type="text/javascript">var MCN = "15.514"</script><br> 	<script type="text/javascript" src="/scripts/edxcourselinking.js"></script><br> <br><br><br><br><br>                    </main><!--Course_inner_chp tag close --><br>           		</div><!--Course_wrapper tag close --><br>            </div><!--left tag close --><br>            <aside id="right"><br>                <!--Begin Right Portion --><br>                    <div><br>    <br><div id="portletwrapper-6f63772e7269676874746f70706f72746c65746d616e616765720a636f6e746578740a2f506c6f6e650a646f6e617465"<br>     class="portletWrapper kssattr-portlethash-6f63772e7269676874746f70706f72746c65746d616e616765720a636f6e746578740a2f506c6f6e650a646f6e617465"><div class="portletStaticText portlet-static-donate"><p class="zero"><a href="http://ocw.mit.edu/give"><img src="/images/button_donate-now.png" alt="Give Now." class="donate" /></a></p>
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				<p style="margin:0;">In BUS103 [1] (Financial Accounting), we learned that firms need to track various forms of data in order to report to investors, r&hellip;</p>
				
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				<p style="margin:0;">This course examines management accounting and related analytical methodologies for decision making and control in profit-directed&hellip;</p>
				
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				<p style="margin:0;">Learn the basics of small business and managerial accounting with this complete course.</p>
				
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