ACCT 2101 - Principles of Accounting I

3 Credit Hours

Prerequisites: None.
Corequisites: None.
Pre/Corequisites: None.
Requirements: None.

Description
Principles of Accounting I is an introduction to the principles of financial accounting. The course focuses on analyzing business transactions to chart their effects on the results of operations, the cash flows, and the financial position of businesses organized for profit. Topics include recording, reporting, and analyzing assets, liabilities, stockholders’ equity, revenues, and expenses. Emphasis is on using financial information from a decision-making perspective to optimize the outcomes of business decisions.