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Financial Accounting

This course introduces financial accounting and reporting. Topics include analyzing and recording transactions and adjustments; preparing and interpreting financial statements; and understanding the effects of transactions, adjustments, and accounting methods on the elements of financial statements and disclosures.

Accounting Fundamentals

Examines the basic principles/concepts which govern the recording/reporting of accounting data. This course examines how business transactions affect the financial statements and establishes a framework for understanding how accounting data is transformed into the financial statements and how the statements are used by decision makers. (Credit will not be given for ACC 221 to students who have received prior credit in ACC 201.)

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