ACCT 201 - Financial Accounting

3 hrs (Sem I, II)
The course studies the theoretical framework of GAAP and procedures for financial reporting related to today’s business environment. Both the procedures used and the theory/concepts upon which they are based will be studied. The course covers accounting for current assets, fixed assets, intangible assets, revenue recognition, liabilities, and stockholder’s equity. This course is a transferIN course. 3 lecture hours.

Prerequisite(s): Must qualify for ENGL 101 and MATT 109.