Financial Accounting and Reporting I

Catalog description

This course is the first in a two-course sequence examining the development, application, and importance of various accounting standards, principles, and conventions. Specific topics covered include revenue recognition, cash controls, receivables, inventory, and long-term assets. Students will also be introduced to spreadsheets and data visualization tools to assist with analysis of relevant accounting calculations. Fee Information: Lab fee may be required. Prerequisite: ACCT 21011 with a C or better.