Catalogue 2016 - 2017

HONB 203 Financial Accounting: The Language of Business

Credits

3 cr.

Prerequisite

MATH 115, MATH 111 or MATH 123 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.

Notes

May not take HONB 203 and AC 201 for credit. 

Offered

in fall only.

Fee