2.0

credits

Average Course Rating

This course emphasizes the vocabulary, methods, and processes by which for-profit business transactions are communicated. Topics include the accounting cycle; basic business transactions involving assets, liabilities, equity, revenues, and expenses; and preparation and understanding of financial statements, including balance sheets, statements of income, and cash flows. The course also introduces the analysis of financial results and basic managerial accounting concepts and tools. This course prepares students for topics including capital budgeting, valuation and more advanced financial statement analysis courses.