ACC 105 - Financial Accounting

Institution:

Reading Area Community College

Subject:

Accounting

Description:

This course is designed to provide a conceptual introduction to financial accounting topics for business and accounting majors. Emphasis in the course is placed on using financial accounting information for decision making.Accounting theory of all commonly used accounts such as cash, investments, receivables, inventory, fixed assets, payables, bonds, and stocks are studied, as are accounting systems and controls, financial statement preparation, and analysis. Students will be introduced to the accounting cycle through computerized software.

Credits:

3.00

Credit Hours:

Prerequisites:

(COM 098, COM 121, or (EAP 050 and EAP 060)) and IFT 110

Corequisites:

IFT 110

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

A Grade of D or Higher is Required for all Listed Prerequisite Courses.

Additional Information:

Historical Version(s):

Institution Website:

www.racc.edu

Phone Number:

(610) 372-4721

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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