Provides students with a basic understanding of the role of accounting information in business. Focuses on business operating processes throughout the management planning, performing and evaluating cycles. Intended to open the door on understanding the world of business, provide insights on how businesses operate, and enable students to become familiar with the conventions used by businesses to report to those who need to know more about the business. Prerequisites: MAT 1044 or permission of instructor.

This course is the first of a two-semester course designed to introduce the student to accounting principles, practices and techniques. Emphasis is placed on accounting for a proprietorship. The accounting cycle, financial statements, control of cash, inventories, plant assets, current liabilities, and payroll accounting are covered. 3.000 Credit Hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Business, Career Stud, Technol College Business/Acct/Paralegal Department