A description of the curriculum may be found under accounting in Specialization Descriptions. Formerly BMGT 220. An introduction to the basic theory and techniques of contemporary financial accounting. Topics covered include the accounting cycle and the preparation of financial statements for single-owner business organizations that operate as service companies or merchandisers. Topics include responsibility accounting, budgets, cost control, and standard costing procedures and variances.
Emphasis is on management reporting.
Students should be cautious about enrolling in ACCT 310 or ACCT 311. These are professional courses requiring intensive study and analysis and are not to be undertaken casually. A comprehensive analysis of financial accounting topics involved in preparing financial statements and in external reporting. A continuation of ACCT 310. Students should be cautious about enrolling in ACCT 310 or ACCT 311.