ACC 101 - Financial Accounting I

Institution:

Quinsigamond Community College

Subject:

Description:

This course focuses on the relationships between business activities and events and the impact they have on financial statements from a prepare/user-of-accounting perspective. Students study financial transactions for both service and merchandising businesses and relate the transactions to a company's assets, liabilities, owners' equity, revenues, expenses, and cash flow. Areas of study include the basic accounting model, the process of the accounting cycle, accounting principles and terminology, financial statement analysis, and computerized accounting applications. Prerequisites: ENG 100 or appropriate placement score, MAT 090. F/S/SU

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.qcc.edu

Phone Number:

(508) 853-2300

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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