Students learn accounting terminology and procedures.
Students learn accounting theory and practice.
The course presents a need for the development of accounting concepts and principles. Also, given is a presentation of current developments in the methodology for the accumulation of data necessary for the preparation of various working papers and financial statements. Also, the course encompasses instruction on accounting analyses and accounting disclosures. Senior Standing Students learn how managers use accounting data to carry out the essential functions in an organization. Students also learn what kind of information is needed, where this information can be obtained and how this information can be used by managers as they carry out their planning, controlling, and decision making responsibilities.