ACCT 201 Intro to Financial Accounting*

This is an introduction to financial accounting and stresses the use of financial information in making investment and business decisions. The course covers the primary elements of the financial statements, fundamentals of accrual accounting, a study of internal control and cash safeguards, accounting for inventories and fixed assets, the presentation and use of the statement of cash flow, and the fundamentals of long-term liabilities. The course will emphasize the uses of accounting information rather than the preparation of financial statements. Computer competency is strongly advised and can be demonstrated by successful completion of BUSA 215. Prerequisite: Satisfactory placement score.

Credits

3.00 Credits

ACCT 201Intro to Financial Accounting*

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

II. Course Specification

Credit Hours Narrative

3.00 Credits

III. Catalog Course Description

This is an introduction to financial accounting and stresses the use of financial information in making investment and business decisions. The course covers the primary elements of the financial statements, fundamentals of accrual accounting, a study of internal control and cash safeguards, accounting for inventories and fixed assets, the presentation and use of the statement of cash flow, and the fundamentals of long-term liabilities. The course will emphasize the uses of accounting information rather than the preparation of financial statements. Computer competency is strongly advised and can be demonstrated by successful completion of BUSA 215. Prerequisite: Satisfactory placement score.

IV. Student Learning Outcomes

V. Topical Outline (Course Content)

VI. Delivery Methodologies