ACCT090 - Principles of Accounting
Course Description
This course is designed to prepare you for graduate work in accounting. You will learn accounting concepts and conventions without the use of debits and credits, with a focus on the importance of financial statements and managerial decision-making.
The course demonstrates how to record, summarize, and analyze an economic entity's financial transactions and explores effective ways to communicate financial information to both internal users, such as management, and external users, such as investors and creditors.
Course Outline
In this course, you will:
- Understand accounting concepts and conventions
- Emphasize the importance of financial statements
- Record, summarize, and analyze financial transactions
- Communicate financial information effectively to internal users (management)
- Communicate financial information effectively to external users (investors and creditors)
- Explore managerial decision-making processes
Through practical exercises and real-world examples, you will gain a solid foundation in accounting principles and practices, preparing you for advanced studies and professional work in accounting.
Learner Outcomes
By the end of this course, you will be able to:
- Understand and apply key accounting concepts and conventions
- Appreciate the importance of financial statements in decision-making
- Record, summarize, and analyze financial transactions accurately
- Communicate financial information effectively to internal users, such as management
- Communicate financial information effectively to external users, such as investors and creditors
- Prepare for graduate-level accounting studies
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 electronic version 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.