ACG 3103 - Financial Accounting and Reporting I

Institution:

Chipola College

Subject:

Description:

Review of the basic accounting cycle, fi nancial statement preparation, and the framework of accounting theory. An in-depth study of the accounting for current assets, fi xed assets, including depreciation, and intangible assets. This course is designed for the accounting major and the general student of business interested in the underlying principles for recording and reporting of fi - nancial information for general purpose fi nancial statements. The course presents the theoretical setting for accounting practices and procedures. When alternative positions can be taken on matters of theory and practice, such alternatives and the positions of leading authorities are discussed. In addition to pointing out the confl icts that exist within the traditional structure of accounting, the course strives to provide the student with an analytical basis for making his/her own evaluation of controversial areas. Prerequisite: ACG 2021. 3 semester hours credit. [A]

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.chipola.edu

Phone Number:

(850) 526-2761

Regional Accreditation:

Southern Association of Colleges and Schools

Calendar System:

Semester

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