3 Course Title indicates the general course topic. 7 Course Description indicates the general content of the course as contained in the Common Course Library for the North Carolina Community College System. Specific features of the course at Western Piedmont may be indicated in a fourth sentence. Consult your advisor for information about course scheduling. 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 data and prepare journal entries and reports as they relate to the accounting cycle. This course may be offered in telecourse format. 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.