Semester Hours:3Fall, Spring
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.
Prerequisite(s)/Course Notes: Prerequisite/Corequisite: IT 014 or permission of the department chairperson.