ACC201-89 Financial Accounting
Principles of Financial Accounting is the study of the generation and interpretation of accounting information as a basis for financial statement analysis and management decision-making. Topics include: the accounting cycle, recording transactions, adjusting and closing accounts, preparing financial statements, inventory valuation, depreciation methods, acquisition and disposal of assets, receivables, liabilities, investments, and interpreting financial statements of proprietorships, partnerships and corporations. This is a transfer-level course in Financial Accounting intended for the transfer student.
Prerequisites: BUS100 or HRM140 and GIT110 and ACC111
ACC202-89 Managerial Accounting
Students learn managerial accounting concepts applied to a variety of businesses with emphasis on job order costing, process costing, cost allocation and cost-volume profit analysis. The budgeting process is examined using master budgets and planning, flexible budgets with standard costs and variances, capital budgets and managerial decisions.
Prerequisite: ACC201 or ACC111 and ACC112