3 cr. hrs. AC11, or AC13 and AC14. Topics include principles of fund accounting, appropriations, encumbrances, expenditures, and problems and procedures related to use and control aspects of budgets. 3 cr. hrs. Payroll, receivables, payables, inventory as well as integrated packages are utilized.
Content varies from year to year.
I Stresses theoretical and analytical aspects of financial accounting. Topics include the Balance Sheet and Income Statement with particular emphasis on current assets, fixed assets and current liabilities. Deals with need for funds within the firm and alternative institutions and financial instruments available. 3 cr. hrs.