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				Nov 04, 2025			
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						2019-2020 Catalog [ARCHIVED CATALOG]   
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                  BUS 221 - Financial Accounting
  ACC 2201
  Prerequisite: 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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