BUS 111 - Financial Accounting

Institution:

Southern Maine Community College

Subject:

Description:

An introductory course that prepares a student to become skilled at basic accounting procedures, with the intent of accurately presenting financial information for decision making. The material is vital for all participants in business. Students will learn about balance sheets, income measurement, the recording process involving journals and ledgers, and the accounting cycle. Students will also examine the major elements of financial statements such as sales and accounts receivables, inventories, long lived assets, liabilities, and equity. Financial statement analysis occurs throughout. Prerequisite: MAT 020.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.smccME.edu

Phone Number:

(207) 741-5500

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.