ACCT 2020 Principles of Accounting II (4L,4CR) [E] A continuation of ACCT 2010. Accounting for corporations and partnerships. Examines reports and information needed by the management of a business to make good decisions. The role accounting information plays in aiding the functions of planning, budgeting, and control. Prerequisite: ACCT 2010.

ACCT 2020 is a continuation of ACCT 2010. Students analyze and prepare accounting transactions for partnerships and prepare a Statement of Cash Flow in accordance with Generally Accepted Accounting Principles. Students are introduced to managerial accounting concepts including creating and evaluating reports and information needed by management for decision-making and monitoring purposes. Prerequisite: Completion of ACCT 2010.