This course is an introductory course in Financial Accounting. It is required of all Accounting and Business Administration majors. This course addresses scholarship of application by having students solve accounting problems and also requires students to participate in several computer labs with assigned partners. Upon completion of this course, students should be able to read and understand the financial statements of real companies and make basic business decisions based on those statements. Additionally, students should also understand the nature of double entry accounting, understand the effects of transactions on all financial statements, and demonstrate a beginning level of knowledge of Excel 7.0.
Teamwork is an integral element of computer assignments.