Principles of Financial Accounting

Catalog description

Imparts an understanding of the purpose of accounting, common financial statement items, and the principles of internal controls. Focuses on recording the impact of economic events on account balances using U.S. Generally Accepted Accounting Principles, and the creation and analysis of financial statements to aid in external decision making. This course is part of Oregon Common Course Numbering. BA 211 and BA 211Z are equivalent at PCC. Recommended: MTH 60 . Prerequisites: BA 111 , and ( WR 115 and RD 115 ) or IRW 115 and MTH 20 or equivalent placement. Audit available.