Catalogue 2017 - 2018

HONB 203 Financial Accounting: The Language of Business


3 cr.


MATH 111, MATH 115 or MATH 123 or MATH 133 and acceptance into the Honors Program or consent of the Business Honors Coordinator.

Course Description

This course is the introductory financial accounting course for students enrolled in the Business Honors Program in the College of Business. This course exposes students to the basic concepts and issues of financial reporting, including critical analysis of the four primary financial statements. The emphasis is on the interpretation and use of the financial accounting information to make informed decisions. Key outcomes include an understanding of underlying accounting concepts/principles, the accounting information process, the elements of the primary financial statements, and the role of financial accounting in the economy.  Cases and financial statements of actual companies are used to stimulate critical and independent thinking, as well as creative application of concepts learned in class.


May not take HONB 203 and AC 201 for credit. 


in fall only.