ACCT 100

Introduction to Accounting I

Name: Introduction to Accounting I

Course Number: ACCT 100

Credit(s): 3

Course Description

ACCT 100 Introduction to Accounting I familiarizes students with fundamental accounting principles, theories, and practical applications. Emphasizing a business perspective, the course covers the accounting cycle, financial statement presentation and interpretation, and accounting standards. It underscores the vital role of accounting in planning, decision-making, control, and performance evaluation.

Learning Outcomes:

Grasp fundamental accounting theory and principles utilizing accounting terminology.
Explore the impact of accounting standards.
Proficiently create basic trial balances and resulting financial statements, including recording and making adjusting and closing entries at the end of the accounting cycle.
Interpret financial statements to enhance business decision-making.