Catalogue 2019 - 2020

AC 201 Introduction to Accounting I

Credits

3 cr.

Prerequisite

MATH 111, MATH 115, or MATH 123 or MATH 133.

Course Description

This course provides an introduction to the basic concepts and framework of accounting with an emphasis placed on the interpretation and use of the information contained in the primary financial statements for external and internal decision makers. Key outcomes include the elements of the balance sheet, income statement, and the statement of cash flows, underlying accounting concepts and principles, economic decision-making, understanding of cost behavior, identification of relevant costs, and budgeting.

Notes

This course is a prerequisite.

Formerly "Financial Reporting"

Cross Listed Courses

HONB 203

Distribution

BUSR/MR

Offered

fall and spring semesters.

Fee