Prerequisites: None Corequisites: None Fees:Laboratory This course covers the theory and practice of measuring, recording, reporting and interpreting financial data for business units. Basic concepts, principles, and procedures are applied to the following topics: Operating cycle, transaction analysis, revenue and expense matching, accruals, deferrals, internal control, cash, merchandising, receivables, inventory, fixed assets, and liabilities. (CIP 5203015104) Field of Study Curriculum for Business - For Business Majors: This course is fully transferable to any public 4-year university in the state of Texas.

5203015104 CIPCode A study of the fundamentals of managerial accounting. Emphasis on accounting for a manufacturing concern, budgeting, planning, management decision making, and analysis of financial reports. Equity accounting, stocks and long-term corporate debt, bonds, are also more closely examined. Annual report financial analysis with written report. Integration of Excel and the Internet in class. Lecture-3; Lab-1; Credits-3. Academic Course