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May 11, 2025
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2022-2023 Catalog [ARCHIVED CATALOG]
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BUS 221 - Financial Accounting
ACC 2201
Prerequisite: Multiple measures discussion, or appropriate score on placement exam, or completion of PCS 021 with an “S” and ACC 125
Description: Learn the technical skills needed to analyze financial statements and disclosures for use in financial analysis. The major topics covered include: accounting as an information system; accounting measurement; Generally Accepted Accounting Principles (GAAP); professional ethics and the accounting profession; financial reporting, analysis, and performance evaluation; cash flow management; and accounting for short-term financial assets, inventories, current liabilities, long-term assets, long-term liabilities, contributed capital, and long-term investments.
Credits: 3 Lecture Hours: 3
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