Financial Accounting

Catalog description

Builds on ACCT 101 and 205; special emphasis is placed on both the theoretical and analytical aspects of financial accounting. A detailed study is made of preparation of financial statements of a corporation, income determination, financial assets, accounting of inventories, longterm assets and intangibles, and cash flow statements. This course is also required in the public accounting and finance options. Prerequisite Course(s): Prerequisite: ACCT 205 or ACCT 102 Classroom Hours - Laboratory and/or Studio Hours – Course Credits: 3-0-3