ACCT 2110 Financial Accounting

3 semester hours

This is the first course in a two-accounting-course sequence that is required for all business majors and business minors. This course introduces the student to 1) the role of accounting in business and society, 2) the basic concepts and techniques of financial accounting and 3) the use of financial statements for decision-making purposes. Topics covered include a summary of the accounting cycle, analyzing and recording transactions, accounting valuation and allocation practices, preparation, interpretation, and analysis of financial statements.

Prerequisities: BADM 1010 , BADM 1020 ; MATH 111 or MATH 112 or MATH 131 , all with a minimum grade of C (2.0).