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.

Writing Basic Skills Prerequisite: ENGL 0301Reading Basic Skills Prerequisite: READ 0303Math Basic Skills Prerequisite: MATH 0301Accounting 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.Semester Hours: (3-3-0)CIP: 52.0301.51 04