Others will be admitted only with the written permission of the appropriate department head. Students enrolling in School of Management courses are expected to have completed the necessary prerequisites for each course. A preparer's approach is used emphasizing the use of debits and credits to account for the details of business transactions. A preparer's approach is used emphasizing the use of debits and credits to account for the details of business transactions. Topical coverage of financial and managerial issues is integrated throughout the semester length courses.
Material is presented in a fashion that promotes communication skills development.
The conceptual approach used in teaching this course will sensitize the student to the implications of accounting decisions related to business transactions, while avoiding the detailed procedures that only accountants need to know. Recommend second semester freshman standing or higher. Continuation of ACCT 161 with introduction of advanced topics. Recommend first semester sophomore standing or higher. Includes journals, ledgers and recording techniques.