BUS 221 - Financial Accounting 4.00 Formerly bu 2104

Institution:

Middlesex Community College - Massachusetts

Subject:

Description:

Emphasizes the analysis, interpretation and use of accounting information by external decision-makers. Specific topics include the accounting cycle; GAAP; preparation and analysis of financial statements; internal controls; accounting for inventories; receivables, cash, plant and equipment, current and long-term liabilities, and stockholders' equity; and the statement of cash flow. Computer applications, including spreadsheets and the analysis of an annual report are integrated throughout the course. Prerequisite: ENG 060 (EN 2103) or placement above ENG 060 (EN 2103), CAP 101 (CA 1101) and MAT 070 (MA 1103) or placement above MAT 070 (MA 1103) Note: A combination of Accounting I and Accounting II is similar in content to Financial Accounting. Students will not receive credit for Accounting I, Accounting II, and Financial Accounting.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.middlesex.mass.edu

Phone Number:

(978) 656-3200

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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