ACCT 2301 - Principles of Financial Accounting
Prerequisites: Meet TSI college-readiness standard for Mathematics; or equivalent.
Corequisites: Recommended: MATH 1324
Integrated Reading & Writing Basic Skills Prerequisite: INRW 0420
Math Basic Skills Prerequisite: MATH 0320
This course is an introduction to the fundamental concepts of financial accounting as prescribed by U.S. generally accepted accounting principles (GAAP) as applied to transactions and events that affect business organizations. Students will examine the procedures and systems to accumulate, analyze, measure, and record financial transactions. Students will use recorded financial information to prepare a balance sheet, income statement, statement of cash flows, and statement of shareholders’ equity to communicate the business entity’s results of operations and financial position to users of financial information who are external to the company. Students will study the nature of assets, liabilities, and owners’ equity while learning to use reported financial information for purposes of making decisions about the company. Students will be exposed to International Financial Reporting Standards (IFRS).
Semester Hours: (3-3-0)
CIP: 52.0301.51 04
Offered at:
NLC: Yes
NVC: Yes
PAC: Yes
SAC: Yes
SPC: Yes
Click here for course schedule information.
Add to Publication(opens a new window)
|
