This course is not available to accounting majors. It studies the uses of accounting data to aid managers in directing the affairs of business and nonbusiness organizations. An intensive study of financial accounting and reporting. This course includes a survey of state and local government accounting, as well as accounting for colleges and universities, school systems, hospitals, voluntary health and welfare organizations, and other nonprofit organizations. A study of basic development and use of accounting for management decision making.
Homework assignments require the use of a computer spreadsheet.
Theory and principles involved in computation of federal income taxes for individuals are covered in this course. Principles and problems of accounting information and communications systems with emphasis on how computers are incorporated into business systems. Laboratory experience on advanced spreadsheets, general ledger, payroll, and other currently available software. Students who plan to participate in the internship program discuss the experiences of students who have completed internships. Students will be given instruction in interviewing techniques.