2023-2024 University Catalog

ACC 215 Financial Accounting

This course is an introduction to the basic concepts and standards underlying financial accounting systems. Several important concepts studied are revenue recognition, inventory, long-lived assets, present value, and long-term liabilities. The course emphasizes the construction of the basic financial accounting statements - the income statement, balance sheet, and cash flow statement - as well as their interpretation.

Credits

3

Prerequisite

MTH 110 or MTH 112

Offered

Fall Semester