ACCT1010 — Financial Accounting
Academic Division: Business, Industry and Technology Academic Discipline: Accounting Assistant Dean: Brooke Miller, M.B.A. 4 Credit(s) This is an introductory course of study in financial accounting and financial reporting for business entities. (TAG# OBU010) Undergraduate OBU001 4 Lecture Hour(s); Required Explain the broad role that accounting information plays in the economy. Daily Homework-entire term; Exam – First half of the term 2. Explain basic financial statements-their nature, purposes and use by business decision makers. Daily Homework- entire term; Exams – First half of the term 3. Use the language of accounting and apply the important concepts on which financial reporting is based. Daily Homework- entire term; Exams – entire term 4. Summarize general business concepts and processes. Daily Homework- entire term; Exams – entire term 5. Analyze the impact of basic business transactions on the financial statements of a business corporation. Daily Homework- entire term; Exams – entire term 6. Prepare basic financial statements for a simple corporate business entity. Daily Homework- Second half of the term Exams – Second half of the term 7. Evaluate the financial performance of a simple corporation on the basis of its financial statements. Daily Homework- Second half of the term Exams – Second half of the term Topics: Accounting and the Business Environment – Week 1 Recording Business Transactions – Weeks 2 & 3 The Adjusting Process - Week 4 Completing the Accounting C
Part of
- Accounting, AAB
- Business Administration - Business Analytics Concentration, AAB
- Business Administration and Management Focus, AS
- Business Administration Focus, AA
- Business Administration-Business Management Concentration, AAB
- Business Administration-Marketing, AAB
- Certified Bookkeeping Certificate
- Manufacturing Technology Operations Management, AAS
- Operations Management Certificate
- Pre-Mortuary Science Focus, AS