48 lecture hours.............................................................3 credit hours Fundamentals of financial accounting concepts and interpretation of accounting data; analysis of financial statements; income and cash flow analysis; nature of assets, liabilities and equities; understanding and use of the accounting process. Course will include computer applications. Recommended prerequisite: MATH1314 and COSC1400 or equivalent.

Three hours credit. Accounting concepts and their application in transaction analysis and financial statement preparation, analysis of financial statements, and asset and equity accounting in proprietorships, partnerships and corporations. Introduction to cost behavior budgeting, responsibility accounting, cost control and product costing. Three lecture hours each week.