ACC 131 - Financial Accounting

Institution:

Illinois State University

Subject:

Description:

Introduction to financial accounting. Examines the nature of accounting, basic accounting concepts, financial statements, accrual basis of accounting, the accounting cycle, monetary assets, inventories, fixed assets, current and noncurrent liabilities, and owners equity.

Credits:

3.00

Credit Hours:

Prerequisites:

Completion of 12 hours.

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

illinoisstate.edu/

Phone Number:

(309) 438-2111

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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