The students will learn to flowchart accounting problems and supply input to computer accounting programs. A study of the fundamental principles of accounting and their application to the recording of business transactions. Preparation of financial statements and their analysis. Processes and procedures in compiling business data. Comprehensive study of current asset valuation, liabilities, and proprietorship items.
Consideration is given to cost accounting as a tool of management.
Emphasizes the use of accounting information in making business decisions. Provides a broad overview of fundamental theory and methods in accounting and analyzes the use of information provided in appraising, planning, and controlling business enterprises. A comprehensive study of business combinations, consolidations, and other accounting and reporting problems encountered in publicly held corporations. CPA review problems are included. Numerous CPA review problems are included.