Accounting
ACCT 1201: Financial Accounting and Reporting
Lecture - 4 credits
ND
EI
IC
FQ
SI
AD
DD
ER
WF
WD
WI
EX
CE
- Covers the basic concepts underlying financial statements and the accounting principles followed in the preparation of the balance sheet, the income statement, and the statement of cash flows.
- Offers students an opportunity to become familiar with accounting terminology and methods designed to enable them to interpret, analyze, and evaluate published corporate financial reports.
- Wherever appropriate, the course relates current economic, business, and global events to accounting issues.
- Analyzes how financial reporting concepts affect the behavior of investors, creditors, and other external users.
- Emphasizes the importance of ethics in financial reporting.
Covers the basic concepts underlying financial statements and the accounting principles followed in the preparation of the balance sheet, the income statement, and the statement of cash flows. Show more.