2025-2026 Academic Catalog

Jun 27, 2025

2025-2026 Academic Catalog

ACCT 101 - Principles of Accounting

Presents the theory and techniques of financial accounting. Teaches students an understanding of accounting information, as a basis for financial statement analysis and decision making, and the environment in which it is developed and used. The course structure includes readings, lecture, discussions, and problem solving. Topics include accrual basis accounting, transaction analysis, accounting cycle, basic accounting ethics, and preparation and analysis of financial statements (income statement, balance sheet, and statement of cash flows) for service, merchandising and manufacturing companies.

Students must also register for a required discussion section with this course.

Anticipated Terms Offered: Offered every year.