Introduction to Financial Accounting

Undergraduate

Fundamental concepts of financial accounting as related to the balance sheet, income statement and statement of cash flows. Understanding the accounting cycle and routine transactions. Integrates both theoretical and practical application of accounting concepts. Course Format: Lectures, discussion, 3 hours per week. Restrictions: Open to BAcc majors. Course Notes: This course may be offered in multiple modes of delivery. The method of delivery will be listed on the academic timetable, in the applicable term. Exclusions: Completion of this course will replace previous assigned grade and credit obtained in ACTG 1P11, ACTG 1P91 and ACTG 2P51.