ACCT 101 - Financial AccountingSemester Hours: 3
Introductory course in the practical applications of financial accounting. Topics include an introduction to financial statements, analysis of the statements, accounting information systems, accounting concepts involved in accounting for cash, accounts receivable, inventory, long lived assets, liabilities and stockholders equity. Ethical issues in accounting are explored. Computer-based applications for accounting and use of the Internet are employed.
Sophomore class standing or above. Prerequisite/Corequisite: IT 14 or permission of the department chairperson. Credit given for this course or ACCT 1 or 10 or 201.
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