Code: ACCT 201
Title: Principles of Accounting I
Credits: 5
Description: In this introductory accounting course—the first of three—the purpose and parameters of financial accounting are studied. From a starting point of the study of basic accounting principles and assumptions, students to engage in practical learning about double-entry book-keeping, for example, and basic business operational transactions. They also learn about the impact of such transactions on a business’s financial position. By the end of the course, students will be able to critically analyze a business’s financial status and its operational results.
Prerequisites: ENGL 101, MATH 141