ACCT 220 - Principles of Accounting I

Institution:

The University of Findlay

Subject:

Description:

3 semester hours This course develops an understanding of the basic elements of financial accounting and the role of accounting in society. Students are introduced to fundamental accounting concepts, procedures, and terminology. Emphasis is placed on accrual accounting, revenue and expense recognition, accounting for assets, liabilities and equity, the accounting cycle, merchandise accounting, and internal controls. The course includes transaction analysis and the preparation and understanding of financial statements.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.findlay.edu/

Phone Number:

(419) 422-8313

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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