ACC 221 - The Financial Accounting Cycle

Institution:

University of Southern Maine

Subject:

Description:

This course serves as a "bridge" between the introductorylevel (user-focused) financial accounting course and Financial Reporting I, which is required for the accounting major. The course is primarily conducted as a self-study course facilitated by a self-study guide and related self-study software and on-line quizzes (a qualified graduate student assistant will be available for questions and guidance). The course reviews the complete accounting cycle: the journal entries for typical business transactions including adjusting and closing entries, and the preparation of accounting statements. The course must be completed prior to enrollment in ACC 301/501. Prerequisite: ACC 110 or MBA502.Cr 1.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.usm.maine.edu

Phone Number:

(207) 780-4141

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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