ACCT080 - Financial Accounting Fundamentals
Course Description
In this course, you will be introduced to basic accounting processes and principles. Whether you're new to accounting or looking to refresh your general financial accounting skills, this course is designed to meet your needs. You will explore the structure, format, and meaning of financial statements, understand the role of users of financial statements, and learn about the debits and credits system, as well as liabilities and payables transactions.
Financial Accounting Fundamentals also serves as preparation for applicants of RRU's Graduate and Undergraduate programs.
Course Outline
In this course, you will:
- Understand the structure and format of financial statements
- Explore the meaning and implications of financial statements
- Identify the roles and responsibilities of users of financial statements
- Learn the debits and credits system
- Manage liabilities and payables transactions
Learner Outcomes
By the end of this course, you will be able to:
- Understand and apply basic accounting processes and principles
- Interpret and analyze financial statements
- Use the debits and credits system effectively
- Manage liabilities and payables transactions
- Prepare for RRU's Graduate and Undergraduate programs in financial accounting
Notes
For students that are re-taking this course you may be eligible for a discount. Please contact us for more information.
Required Textbook:
Survey of Accounting 2nd Ed. The e-text is available with a Wiley Plus registration.
Access to the WileyPLUS site is recommended for completion of the course. You will be able to register for the applicable WileyPLUS section at www.wileyplus.com. Please note that you can purchase an electronic copy of the text when registering for Wiley Plus. There are a few options for you to pick from depending on your preference.
You will receive additional information closer to your course start date.