INTRODUCTORY FINANCIAL ACCOUNTING
Examines generally accepted accounting principles for measurement and reporting of financial information in a balance sheet, income statement, and statement of cash flows; introduction to analysis and interpretation of financial accounting data for decision-making purposes.
Prerequisites & course information
Requisites: Not open to students with credit for ACCT I S 300 Course Designation: Core GenEd - Mathematics & Quantitative Reasoning Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain the role of financial reporting and accounting reports in making resource allocation decisions. Audience: Undergraduate 2. Explain general purpose financial statements of a business from the perspective of the users of those statements. Audience: Undergraduate 3. Articulate the business purposes behind economic transactions and basic accounting concepts to determine appropriate accounting treatments for transactions and business. Audience: Undergraduate 4. Capture information from economic transactions into accounting systems and fully articulate the impact of those transactions on the business. Audience: Undergraduate 5. Compile information in the accounting system to create general purpose financial statements. Audience: Undergraduate 6. Analyze the complexity of real world events and apply judgment with respect to accounting measurements and reporting. Audience: Undergraduate Learning Outcomes: 1. Explain the role of financial reporting and accounting reports in making resource allocation decisions. Audience: Undergraduate 2. Explain general purpose financial statements of a business from the perspective of the users of those statements. Audience: Undergraduate 3. Articulate the business purposes behind economic transactions and basic accounting concepts to determine appropriate accounting treatments for transactions and business. Audience: Undergraduate 4. Capture information from economic transactions into accounting systems and fully articulate the impact of those transactions on the business. Audience: Undergraduate 5. Compile information in the accounting system to create general purpose financial statements. Audience: Undergraduate 6. Analyze the complexity of real world events and apply judgment with respect to accounting measurements and reporting. Audience: Undergraduate
Sources
- Course catalogue ↗2026-2027