2023-2024 Academic Catalog

May 08, 2024

2023-2024 Academic Catalog

ACCT 4101 - Foundations of Financial Accounting

This course presents a comprehensive introduction to financial accounting concepts, generally accepted accounting principles, and the accounting framework. The course begins with an orientation to the basic financial statements that provide information to external parties for their decision making and the accounting information system that records transactions that are reflected in the statements. An emphasis is placed on proper recording and financial statement preparation and analysis. The major categories of the income statement, balance sheet, retained earnings statement, and the statement of cash flows are fully discussed.

Note: MPA 3004 fulfills this course requirement for Pathway students.

Anticipated Terms Offered: Annually