Search for Course Equivalencies

A complete and balanced treatment of the concepts and procedures used by business organizations to measure and report their performance. Emphasizes the accounting cycle and preparation of the income statement, balance sheet and statement of cash flows. Financial statement analysis and interpretation is introduced. Covers income from merchandising operations, internal control and cash, trade accounts receivable, inventories, plant assets, natural resources, intangible assets, liabilities, corporations (organization, stock transactions, dividends and retained earnings), and investments. Prerequisite: sophomore standing or Instructor's Consent. Fall and Spring semesters.

This course provides a thorough study of basic accounting principles. The accounting cycle is introduced using an appropriate mix of conceptual and procedural problems. A real-world problem using computer applications is also covered. This is a basic course, which aids in building a foundation for financial analysis and decision-making. (Fall, Spring, Summer) [Graded (Standard Letter)] Registration Restriction(s): Intensive English Program majors may not enroll