An introduction to the use of financial statements as used in decision-making, primarily by creditors and investors. Focus is on what the financial statements reveal about the credit-worthiness and financial performance of companies organized as corporations. Students must analyze and interpret financial statements. Meets lower division transfer requirements for accounting and business administration majors at most 4 year institutions. The second of two Principles of Accounting courses deals primarily with the tools and techniques used to facilitate decision-making by managers within the firm.
Emphasis is on planning and control for profit-seeking enterprises.
Primarily for transfer students in Business Administration and Accounting. Meets requirements for accounting and lower division transfer business administration majors at most 4 year institutions. This course studies federal tax law as applied to the preparation of Form 1040 and its related schedules. This course is intended primarily for accounting two-year program students, or those interested in an introductory income tax course. An introduction to accounting processes and analysis using electronic spreadsheet applications and a computerized general ledger system.