Students use the personal computer to analyze problems and design solutions in the major areas of business. The course emphasizes the use of spreadsheets and other information processing software. 63.161 Personal Computer Fundamentals and Applications, or permission of the instructor. 12.215 Legal Environment of Business A study of the interrelationships among business, government, and society as reflected in the legal system in which firms operate. In addition to examining specific laws and legal issues, such as business transactions, employer-employee relations, government regulation and consumer law, students become familiar with the way in which laws develop and change.
Special emphasis is on the social and ethical issues which arise in business law.
Financial Accounting A study of financial accounting and accounting systems starting with the accounting cycle and going through the preparation and interpretation of financial statements for all types of business entities. Topics covered include generally accepted accounting principles, the theory of accounts, and the theory of present value as it relates to financial accounting problems. A study of the essentials of managerial accounting focusing on the use of accounting information in the decision-making process. Topics covered include planning, budgeting, control, and valuation. 12.220 Introduction to Financial Accounting.