Using assigned readings and cases, students will develop business skills needed to manage programs and services offered by NFP organizations. The emphasis is on a practical approach to planning and operating a small business venture. Included are advantages and disadvantages of small business ownerships. The role of the manager and the personnel department in managing human resources including individual and group behavior in organizations, motivation and communications, conflict management, decision making, and leadership effectiveness. Course develops students' abilities to identify and structure operating problems and to identify appropriate techniques for resolving them.
Topics covered include contracts, commercial paper, sales and secured transactions.
The study of the Uniform Commercial Code and references to Business Law sections of the CPA exam are emphasized. Senior accounting majors only. Estate and trust law, real and personal property transfers are studied. Accountant s legal responsibility is discussed. Previous CPA exam problems in Business Law are reviewed and analyzed.