ACC 201: Introduction to Financial Accounting

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Subject
Accounting (ACC)
Credits 3 Class Hours3 lecture
Description

This course is an introduction to accounting principles and practices used to record and communicate financial information and to analyze methods for valuating assets, liabilities, and equity of an organization.

Prerequisites

Qualified for ENG 100.

Semester Offered Fall
Course Student Learning Outcomes (CSLOs)
  1. Define accounting.
  2. Analyze the effects of business transactions on the financial statements of an organization.
  3. Complete the accounting cycle for a service and merchandising organization using current accounting standards.
  4. Identify and apply basic internal control principles and accounting ethics in a business setting.