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2026 (Current Year) Faculty Courses School of Engineering Undergraduate major in Industrial Engineering and Economics

Basic Accounting

Academic unit or major
Undergraduate major in Industrial Engineering and Economics
Instructor(s)
Kyoko Nagata / Mariko Yasu
Class Format
Lecture/Exercise
Media-enhanced courses
-
Day of week/Period
(Classrooms)
Class
-
Course Code
IEE.D202
Number of credits
110
Course offered
2026
Offered quarter
4Q
Syllabus updated
Mar 5, 2026
Language
Japanese

Syllabus

Course overview and goals

Accounting is known as language of business as financial statements provide critical source of the information we need for making various economic decisions. This course consists of three parts (1) Overview of financial reporting, (2)Process of preparing financial statements, (3) Basics of financial statement analysis.
This course aims to develop students' ability to understand and analyze financial information effectively in real-world through practical and active learning with actual events and financial statements.

Course description and aims

This intended learning outcome include
(1)Ability to explain the overview of financial reporting system
(2)Ability to prepare basic financial statements
(3)Ability to evaluate corporate operating performance with financial statement analysis

Student learning outcomes

実務経験と講義内容との関連 (又は実践的教育内容)

Practical learning through real cases.

Keywords

Accounting
Financial statement analysis
Company valuation

Competencies

  • Specialist skills
  • Intercultural skills
  • Communication skills
  • Critical thinking skills
  • Practical and/or problem-solving skills

Class flow

This course uses lectures, case assignments, group work.

Course schedule/Objectives

Course schedule Objectives
Class 1

Accounting as the “language of business”

Understand the overview of financial accounting.

Class 2

Steps in the recording process (1)

Understand definition of accounting transaction, and basic rule of bookkeeping.

Class 3

Steps in the recording process (2)

Understand accounting-specific wording, and how to record various transactions.

Class 4

Accrual accounting and income determination (1)

Understand depreciation and rules of inventory evaluation.

Class 5

Accrual accounting and income determination (2)

Understand closing adjustments and how to compile balance sheet and income statement.

Class 6

Mid-term exam

Mid-term exam that covers topics studied.

Class 7

Review of the first half

Follow-up of mid-term exam

Class 8

Balance Sheet and Equity Ratio

Understand the basic structure of the balance sheet.
Learn how to interpret the equity ratio.
Group exercise: Balance sheet analysis

Class 9

Income Statement and Operating Profit Margin

Understand the basic structure of the income statement.
Learn how to interpret the operating profit margin.
Group exercise: Income statement analysis

Class 10

Cash Flow Statement and Free Cash Flow

Understand the basic structure of the cash flow statement.
Learn how to interpret free cash flow.
Group exercise: Cash flow analysis

Class 11

Financial Statement Analysis (1): ROE and ROA

Understand how to interpret ROE and ROA.
Group exercise: ROE and ROA analysis

Class 12

Financial Statement Analysis (2): EPS Growth and EBITDA Margin

Understand how to interpret EPS growth and the EBITDA margin.
Group exercise: EPS growth and EBITDA margin analysis

Class 13

Financial statement analysis presentation

Group presentations and discussions.

Class 14

Review

Further understanding of the issues studied.

Study advice (preparation and review)

To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.

Textbook(s)

Handout will be available through LMS.

Reference books, course materials, etc.

Ito, K., Accounting, Theory and today, Nikkeibooks, 2024.
Otsu, K., Financial Ratios That Drive Corporate Value Creation, Diamond Inc., 2005
Otsu, K.,Key Management Indicators for Corporate Value Creation, Diamond Inc., 2022

Evaluation methods and criteria

Assignments 50% Mid-term/Final exam 40% Class participation 10%

Related courses

  • TBD

Prerequisites

TBD

Office hours

Contact by Slack DM in advance to schedule an appointment