ACCT-208

Introduction to Financial Accounting

Introduction to financial accounting is the development and communication of financial information that is useful to investors, creditors, and others to make decisions. The course provides a foundation to the fundamental concepts and procedures of financial accounting including the use, of recording, analyzing, and communicating financial information including income determination, assets and liability relationships and preparation of financial statements. Course material covered includes the accounting environment, accounting cycle, application of generally accepted accounting principles, ethics, financial statements, operating, investing, and financing activities.