Provides an intensive study of generally accepted accounting principles for asset valuation, income measurement, and financial statement presentation for business organizations. Continuation of COMM 311 with emphasis on accounting for the equities of a firm's investors and creditors. Special problem areas in financial accounting, including accounting for leases, pensions, and income taxes will be covered. Introduction to Business Information Processing Covers business applications both for mainframes and microprocessors and their capabilities and limitations. Introduces concepts and terminology of computer-based information systems.
Emphasis is on selection and management of hardware, software, data, personnel, and procedures.
Covers the functioning and growth of laws as an institution in relation to business, with particular emphasis on corporations, property, and the Uniform Commercial Code. The course examines and analyzes marketing activities from the planning to the consumption level. The development of managerial theory and decision methodology is emphasized in evaluating the financial function of the firm. Working capital management as well as the concepts and techniques employed in the procurement of resources from financial markets and their allocation to productive investments are analyzed. Examines auditing methodology through a study of auditing standards.