ACCT 1201View Syllabus

Financial Accounting &
Reporting

Analyzing public companies using financial statements, SEC filings, Excel financial modeling, ratio analysis, and professional reporting.

Northeastern UniversityFall 2025Professor Patrick Hurley

About

Accounting as the language of business.

ACCT 1201 introduced the foundations of financial accounting and reporting — how organizations measure performance, communicate results, and support decisions through standardized financial information. The course built fluency in reading balance sheets, income statements, and cash flow statements under GAAP, while connecting accounting outputs to real business interpretation.

Across lectures, Excel modeling, SEC EDGAR research, ratio analysis, and written deliverables, I developed the ability to extract meaningful insights from public filings, evaluate corporate performance with discipline, and communicate financial conclusions with clarity. Topics spanned financial statement analysis, corporate reporting, accounting ethics, business decision making, and professional communication — including thoughtful use of AI-assisted financial analysis.

Skills

Core competencies from this course.

Financial Statement Analysis
Ratio Analysis
Excel Modeling
SEC EDGAR
Corporate Valuation
GAAP
Cash Flow Analysis
Balance Sheet Analysis
Income Statement Analysis
Professional Communication
AI-assisted Financial Analysis

Projects

From SEC filings to professional financial analysis.

Featured Semester Project

Financial Reporting Analysis — Tesla vs Ford

Semester-long financial analysis comparing Tesla and Ford using SEC 10-K filings, ratio analysis, financial modeling, and investment evaluation.

Project Highlights

Key visuals from the semester project.

Final Report Preview

Written investment analysis synthesizing SEC research, ratio trends, and valuation conclusions.

Click to open

Accounting Alumni Panel Flyer

Event overview featuring alumni from Deloitte, PwC, EY, and KPMG.

Click to open

Downloads

Course files and deliverables.

Professional Engagement

Beyond the classroom.

Industry Event

Accounting Alumni Panel

Attended Northeastern University's Accounting Alumni Panel featuring professionals from Deloitte, PwC, EY, and KPMG discussing public accounting careers, internships, recruiting, and industry expectations.

Learning Outcomes

What this course taught me to do.

1

Reading SEC Filings

Navigating EDGAR, locating 10-K reports, and extracting relevant financial disclosures.

2

Financial Modeling

Building structured Excel models that connect statements, assumptions, and forecasts.

3

Ratio Analysis

Calculating and interpreting liquidity, profitability, efficiency, and leverage ratios.

4

Investment Analysis

Evaluating public companies using quantitative evidence and qualitative business context.

5

Corporate Decision Making

Connecting accounting outputs to strategy, risk, and stakeholder decision making.

6

Excel

Using spreadsheets to organize data, automate calculations, and present findings clearly.

7

Business Writing

Communicating financial analysis in a clear, professional, evidence-based format.

8

Professional Accounting

Understanding how accountants support transparency, compliance, and business reporting.

9

AI-assisted Accounting

Evaluating when AI tools help analysis and when professional judgement remains essential.

Reflection

Carrying accounting forward into my work.

ACCT 1201 reshaped how I think about business information. Before this course, financial statements felt like abstract tables; by the end, they read as structured stories about strategy, risk, and performance. The Tesla vs Ford project was especially formative — it pushed me to move from simply collecting numbers to building an argument grounded in SEC filings, ratio trends, Excel models, and disciplined professional writing.

The course strengthened my analytical thinking, spreadsheet fluency, and confidence in financial decision making. It also clarified the limits of automation: AI can accelerate research and drafting, but accounting still demands judgement, verification, and ethical responsibility. That combination of technical skill and professional communication is what I will carry into co-op experiences, analytics work, and future business leadership.