Financial Reporting I

Financial Reporting I examines current and emerging financial accounting theory and techniques for measuring and reporting financial information to external users, emphasizing asset and liability valuations, income determination, and GAAP.

offering recorded3 credits
Recorded instructors · Spring 2027 Andrea TilletIvy FengSam Hause

Summary

1 / 2

Recent recorded grades — Fall 2017: 3.58 GPA, 83.3% A/AB (n=6 letter grades); Fall 2018: 3.94 GPA, 100.0% A/AB (n=8 letter grades); Spring 2022: 3.12 GPA, 25.0% A/AB (n=4 letter grades).

What you’ll be able to do

  • Articulate the measurement and valuation methods of the financial statement elements, including fair value concepts.

  • Recognize that transactions are triggered by business purposes and that understanding the business purpose is important for the application of the Generally Accepted Accounting Principles (GAAP).

  • Identify and analyze fundamental economic events, conduct research, and apply relevant accounting standards to these events.

  • Demonstrate proper presentation and reporting of financial statement elements and transactions.

  • Demonstrate how financial statements effectively communicate the financial results of an economic entity, including the use of financial statements from the perspective of the users of the financial statements.

  • Apply knowledge of concepts learned in the course to analyze a public company’s operating results and accounting policies.

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

ACCT I S 700

ACCTIS 701 used by

“Used by” includes alternatives; linked courses may have other requirements. This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027

No course-specific feedback yet.

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Historical instructors & teaching patterns

ANDREA TILLET is recorded teaching in Spring 2023, Spring 2025. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

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SectionModeEnrolled / capacityWaitlist
LEC 002Classroom Instruction0 / 450
LEC 004Classroom Instruction0 / 450
LEC 003Classroom Instruction0 / 450
LEC 005Classroom Instruction0 / 450
LEC 006Classroom Instruction0 / 450
LEC 007Classroom Instruction0 / 450
LEC 008Classroom Instruction0 / 450
LEC 009Classroom Instruction0 / 450

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records

Student experience

the class

Recent recorded grades — Fall 2017: 3.58 GPA, 83.3% A/AB (n=6 letter grades); Fall 2018: 3.94 GPA, 100.0% A/AB (n=8 letter grades); Spring 2022: 3.12 GPA, 25.0% A/AB (n=4 letter grades).

difficulty & workload

No workload feedback recorded.

Topics

  • Current and emerging financial accounting theory and techniques.
  • Asset and liability valuations and their relationships to income determination.
  • Preparation and interpretation of financial statements, and related disclosure requirements.
  • Application of Generally Accepted Accounting Principles (GAAP) based on business purpose.

Skills

  • Measurement and valuation methods for financial statement elements, including fair value concepts.
  • Analyzing fundamental economic events and applying relevant accounting standards.
  • Proper presentation and reporting of financial statement elements and transactions.
  • Analyzing a public company's operating results and accounting policies.

Grades

Latest available · Spring 2022— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2022

More grade details Grade mix, volume & source data

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Selected offering source records
ACCTIS 701 · Spring 2027

Financial Reporting I

Recorded 2026-10-14
Raw records
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    "term_id": "1274",
    "source_course_id": "003017",
    "source_subject_id": "232",
    "title": "Financial Reporting I",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Occasionally"
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Madgrades

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Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Model & dataset provenance
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