ACC 119 - Industrial Accounting

Institution:

Connecticut State Community College Asnuntuck

Subject:

Description:

Intended for non-accounting students and designed to provide an introduction to the accounting theory necessary to understand basic accounting practices, to read, analyze, and interpret financial statements, and to make informed business and economic decisions. Provides an introduction to financial accounting principles and concepts. Students examine the accounting cycle, business transactions and their recording under GAAP, and the fundamental assumptions made by modern accountants. All forms of business organization are introduced. The corporate form of business is stressed, with emphasis on the managerial uses of accounting data in industry. Students cannot obtain credit for ACC* 119 if they have already obtained credit for ACC* 111, ACC* 112, ACC* 115, or ACC* 118. (Formerly ACCT 145.)

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.acc.commnet.edu

Phone Number:

(860) 253-3000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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