ACC 110 - Survey of Accounting

Institution:

Luzerne County Community College

Subject:

Accounting

Description:

This course presents accounting from a non- accounting major perspective. It introduces students to financial as well as managerial accounting concepts and how they are used in decision making. First the student will learn the analysis of transactions, how to record in the accounting equation and the creation of financial statements. Students will then explore the major categories of assets, liabilities and equity. Student will understand how to calculate these items and their impact on the financial statements. This will culminate in the student learning the tools to complete financial statement analysis for decision making. Then the major concepts of managerial accounting and product/ service costing are introduced and explained for decision making purposes. Finally, students will learn how to identify and use information for special decision making.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.luzerne.edu

Phone Number:

(570) 740-0200

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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