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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.
Summary
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
↗All recorded terms · compare terms & instructors
Prerequisites
Course mapACCT I S 700
“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 2027Historical 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 2027Schedule loads here as you scroll.
| Section | Mode | Enrolled / capacity | Waitlist |
|---|---|---|---|
| LEC 002 | Classroom Instruction | 0 / 45 | 0 |
| LEC 004 | Classroom Instruction | 0 / 45 | 0 |
| LEC 003 | Classroom Instruction | 0 / 45 | 0 |
| LEC 005 | Classroom Instruction | 0 / 45 | 0 |
| LEC 006 | Classroom Instruction | 0 / 45 | 0 |
| LEC 007 | Classroom Instruction | 0 / 45 | 0 |
| LEC 008 | Classroom Instruction | 0 / 45 | 0 |
| LEC 009 | Classroom Instruction | 0 / 45 | 0 |
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.
Grade distribution · % of letter grades
Grades over time
Through Spring 2022
More grade details Grade mix, volume & source data
Sources & history
Catalog & offerings
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Catalog observation history
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Selected offering source records
Financial Reporting I
Recorded 2026-10-14Raw records
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"course_id": "ACCTIS 701",
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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"
}
]Student reviews
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Grade history
Recorded grade distributions by term, section, and instructor.
Explore recorded gradesRecorded 2026-10-14
Model outputs & technical records
LLM outputs across runs
Full model traces
Recorded model configuration, reasoning, and tool conversations.
Model & dataset provenance
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