What This Document Is
This is the Fall 2021 syllabus for AEM 1191, Business Simulation in Agrieconomics, at Cornell University. It outlines the course structure, expectations, and topics covered throughout the semester. This syllabus serves as a contract between the instructor and students regarding course policies and learning objectives.
Why This Document Matters
This syllabus is essential for all students enrolled in AEM 1191. It provides critical information about grading, assignments, required materials, and important dates. Students should refer to this document frequently to stay informed and on track with course requirements. It’s particularly useful for prospective students to understand the course’s scope and demands.
Common Limitations or Challenges
This syllabus is a high-level overview and does not contain the detailed content of lectures, assignments, or the business simulation itself. It does not provide solutions to simulation challenges or detailed explanations of accounting principles.
What This Document Provides
The syllabus includes a chapter outline focusing on the environment and theoretical structure of financial accounting, including topics like cash versus accrual accounting, standard setting, the conceptual framework, and key elements of financial statements (assets, liabilities, equity, revenues, expenses). It also lists qualitative characteristics of financial information like relevance, faithful representation, and verifiability. However, it does *not* include the full text of the chapters, detailed explanations of accounting concepts, or the simulation scenarios.