Focuses on the development of financial information for investors and others external to the organization. Students learn to prepare, understand, and interpret financial statements. Students learn to develop and analyze the information reported in financial statements. Deals with cost measurement, recording, and forecasting. Emphasizes the use of computers as tools for managers.
Students learn to identify, classify, and apply cost accounting techniques in business applications.
Students develop a thorough understanding of these topics. Examines computer-based accounting and management control systems in the flow of information and assets. Students learn to recognize the strengths and weaknesses of automated accounting information systems and understand the interaction of accounting and management information systems. Topics include personal computers, electronic data interchange, and distributed data processing. Introduces the concepts and principles of the federal income tax of individuals.