The information presented is an unofficial guide to how courses may transfer. Other factors to consider are grades received in the courses, the year in which the course was taken, and the major pursued after transfer. In all instances, final decisions about acceptance of course credit will be made by University of South Carolina-Columbia.
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This first course in financial accounting and reporting taken by all business students assumes no prior knowledge of accounting. It introduces the FASB conceptual framework as the logic underlying accounting standards. It develops and traces the basic steps used in accounting and reporting for service-oriented entities and progresses to more complex merchandising firms with inventory valuation considerations. The course culminates in the use of simple financial statement analysis in reaching credit and investment decisions. A general ledger software package embedded in the coursework familiarizes students with the rapid electronic processing of information possible and with the basic outline of all such packages available today. Lecture: 4 hours per week. 4 credits
- Credits
- 4.00
View more information about Massachusetts Bay Community College
- Location
- Wellesley Hills, Massachusetts
- Phone
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(781) 239-3000
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Massachusetts Bay Community College is regionally accredited by the New England Association of Schools and Colleges (NEASC-CIHE), Commission on Institutions of Higher Education
Massachusetts Bay Community College is on a Semester calendar system
Minimum Grade
You need a minimum grade of C- to transfer these courses from Massachusetts Bay Community College to University of South Carolina-Columbia.
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