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ACCT I S 300

ACCOUNTING PRINCIPLES

3 credits.

Examines both financial and managerial accounting for business decisions. Emphasizes preparation and interpretation of financial statements, analysis of financial information, determination of costs for products and services, and use of accounting information for planning and control of business operations.

Prerequisites & course information

Requisites: Satisfied Quantitative Reasoning (QR) A. Not open to students with credit for ACCT I S 100 . Course Designation: Core GenEd - Mathematics & Quantitative Reasoning Comm QR - Quantitative Reasoning B Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Apply accounting concepts to economic transactions to capture relevant and reliable data for business decisions Audience: Undergraduate 2. Prepare financial statements of a business based on economic transactions and events Audience: Undergraduate 3. Apply financial statements to draw inferences about the performance and financial condition of businesses Audience: Undergraduate 4. Compute costs of products and services for different costing systems Audience: Undergraduate 5. Prepare strategic budgets for a business along with analysis of budgeting results Audience: Undergraduate Learning Outcomes: 1. Apply accounting concepts to economic transactions to capture relevant and reliable data for business decisions Audience: Undergraduate 2. Prepare financial statements of a business based on economic transactions and events Audience: Undergraduate 3. Apply financial statements to draw inferences about the performance and financial condition of businesses Audience: Undergraduate 4. Compute costs of products and services for different costing systems Audience: Undergraduate 5. Prepare strategic budgets for a business along with analysis of budgeting results Audience: Undergraduate

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