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| Course ID: | ACCT 2101. 3 hours. | | Course Title: | Principles of Accounting I | Course
Description: | Basic accounting systems, concepts, and principles. The primary
goals of this course are to develop an understanding of the
accounting process and to summarize and communicate information
useful in making economic decisions. | | Oasis Title: | Principles of Accounting I | | Duplicate Credit: | Not open to students with credit in ACCT 2101H, ACCT 2101E | Semester Course
Offered: | Offered every year. | | Grading System: | A-F (Traditional) |
| | Course Objectives: | This is the first course in Principles of Accounting. It will cover the basic
accounting systems, concepts and principles. The primary goals for the course are
to:
1. Develop an understanding of the accounting process and to summarize and
communicate information useful in making economic decisions.
2. Familiarize students with the preparation, analysis, and interpretation of
financial statements. The knowledge and skills you will develop in this class will
be useful for ALL disciplines. Whether your future career goals relate to Finance,
Marketing, Management or any other area, Accounting WILL play a very important role
in your professional life. Accounting is the common language of business, and
hence is a required course in every business school. | | Topical Outline: | Module 1: Basics of Financial Reporting
Introducing Accounting in Business
Analyzing and Recording Business Transactions
Adjusting Accounts and Preparing Financial Statements
Reporting and Analyzing Cash Flows
Module 2: Operating Activities
Reporting and Analyzing Merchandising Operations
Reporting and Analyzing Inventories
Reporting and Analyzing Receivables
Reporting and Analyzing Current Liabilities
Module 3: Investing Activities
Reporting and Analyzing Long-Term Assets
Module 4: Financing Activities
Reporting and Analyzing Long Term Liabilities
Reporting and Analyzing Equity | |
Syllabus:
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