Financial Accounting
Course Information
Subject
ACC
Course Number
121
Division
Status
Active
Course Title
Financial Accounting
Course Description
This is an introductory course focusing on financial reporting for external users. Course coverage includes basic accounting principles, the accounting cycle with an emphasis on transaction analysis, and financial statements. Specific course topics include the valuation and reporting of cash, receivables, inventory, long-term assets, current and long-term liabilities and stockholders' equity.
Minimum Credit Hours
4
Maximum Credit Hours
4
Total Completions Allowed for Credit
1
Lecture - Lab Hours
(4-0)
Requirements
Prerequisite: College Reading and Writing Readiness-AND- MTH 108 or 140 or 141 or 142 or higher level MTH course (All C or better), or appropriate score on CLC Math Placement Test, or Math ACT of 22 or higher, or MATH SAT of 530 or higher or ACC 110 (C or better). Course fee.
Recommended: BUS 121
IAI Code
S1900N
PCS Code
1.1