An introduction to basic standards and principles that underlie accounting information. Topics include the accounting cycle, the statement of financial position, and the income statement.
Emphasis is placed on the proper use of financial statements.
The corporate form of business is used to illustrate accounting concepts. The personal computer and spreadsheet are used. An introduction to the use of accounting information for Internal planning and control. The personal computer and spreadsheet are used. An introduction to microeconomics covering the role of the price system in and public plaices toward the allocation of resources and the distribution of income.