ACC 513 ACCOUNTING PRACTICES

This course introduces the basic concepts of financial accounting. Several important concepts will be covered in detail: the accounting cycle, short-term and long-term assets and liabilities, revenue and expense recognition and equity. Emphasis will be placed on the understanding of the four basic financial statements - the income statement, balance sheet, the statement of cash flows, and the owner's equity statement. Upon completion, students will be able to analyze, summarize, and interpret financial data and implement data-driven decision making.

Credits

3

Prerequisite

MGT 502

Distribution

ACCOUNTING