This course introduces the basic principles and procedures of accounting.
Emphasis is placed on collecting, summarizing, analyzing, and reporting financial information.
Upon completion, students should be able to analyze and prepare journal entries and reports as they relate to the accounting cycle. This course is a continuation of ACC 120. Emphasis is placed on corporate and managerial accounting for both external and internal reporting and decision making. Upon completion, students should be able to analyze and record corporate transactions, prepare financial statements and reports, and interpret them for management. This course provides a working knowledge of computer spreadsheets and their use in accounting.