Designed to develop an understanding of accounting principles for users
of accounting information. The course looks at how users of financial
information interpret accounting reports when making business decisions.
The emphasis is on profitability concepts and performance evaluation.
Coverage is not restricted to the existing U.S. model but includes a
broad discussion of measurement issues and alternative country
Professor Hiemann joined the Columbia faculty in the summer of 2013. He teaches financial accounting in the MBA program. His research examines the role of accounting in both managerial and financial reporting applications, including financial contracting and business valuation. In his current research, he develops a model for the optimal design of accounting-based debt covenants in the context of an asset substitution problem. The model...