Last Updated 3/31/2015 1:20 AM
This course will introduce students to the accounting of economic transactions according to Generally Accepted Accounting Principles (GAAP)and current Financial Accounting Standards. It examines financial accounting from both the user and preparer perspectives. Economic transactions are reported and analyzed by type of business activity: operating, investing, and financing. This course also examines the financial impact of working and fixed capital transactions on cash flows and profitability for both service and merchandising businesses.
4 hours lecture
Credit course taken for grade or for credit/no credit