4.00 Credits
This course provides an introduction to the objectives, principles, assumptions and concepts of financial accounting. It focuses on procedures and practices from the accounting cycle through financial statement presentation with an emphasis on recognizing, valuing, reporting, and disclosing assets, liabilities, and equity. This course presumes no previous accounting knowledge.
Prerequisite:
ACCT103 (C or better) or READ110 (C or better) or COMP108 (C or better) or Reading Placement Test score Level 3