ACTG 201 - Principles of Financial Accounting

4 Credit(s)

Course emphasizes the understanding of fundamental accounting principles and procedures and will develop the student’s accounting problem solving and critical thinking abilities. Topics covered include the basic structure of analyzing and recording transactions, establishing accounting policy, generally accepted accounting principles, control of cash, receivables and payables, merchandise inventory evaluation methods, recording of property, plant, and equipment transactions, and long term financing. Sources of equity capital for corporations and financial statements are analyzed. $20 Course Fee.

Prerequisite(s): CAPP 131, and 100-level math; or c/i.
(fall/spring)