ACCT 2010 Principles of Accounting I (4L,4CR) [E] Examines the fundamental concepts and procedures used in the preparation of the basic financial statements of business entities. Covers generally accepted accounting principles, accounting terminology, the usefulness of financial statements, and the role that judgment plays in accounting. Prerequisite: A "C" or better in ACCT 1005 or MATH 0930, or an ACT Math Score of 23 or better, or an appropriate Placement exam score within the past year.

Students examine the role of accounting information in business and society. Utilizing critical thinking and decision making skills, students create financial information in accordance with Generally Accepted Accounting Principles (GAAP). Students evaluate how financial information is used in making business decisions. Prerequisite: Completion of MATH 0920 and ENGL 0810 or equivalent placement test score.