BUS 131 Financial Accounting

(IAI: BUS 903)
Prerequisite: Placement into ENG 099 or higher
4 lectures per week: 4 hrs transfer credit
This is an introduction to financial accounting and the communication of relevant information to external parties. It includes the development of the accounting model, internal control, measurement processes, data classification, and terminology. Interpretation and use of the resultant financial statements are emphasized. Sole proprietorships, corporations, service businesses, and merchandisers are covered. The additional feature of this course is the inclusion of computer applications.