ACCT 125 - Financial Accounting

Institution:

University of St Francis

Subject:

Description:

presents accounting as an information system that produces financial statements, primarily for users external to a business or other enterprise. The forms of business organizations and the common transactions entered into by businesses are addressed. The emphasis is on understanding and applying basic accounting principles and concepts that guide the reporting of the effect of transactions and other economic events on the financial condition and operating results of a business. Analysis and interpretation of financial statements, as well as their limitations for making forward looking decisions is included. Prerequisite: MATH 099 or high school algebra II. (IAI Course # BUS 903)

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.stfrancis.edu

Phone Number:

(815) 740-3360

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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